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Fast Forward (A&M Castle, HCR Healthcare, iHeartMedia)

June 12, 2017 by PETITION in News

A&M Castle & Co. is finally filing for bankruptcy. Assisted living facility operator HCR Healthcare got downgraded and is helping contribute to the latest narrative/focus on distressed healthcare opportunities. What happens to HCR may also determine the fate of Quality Care Properties, HCR's primary lessor.iHeartMedia has extended the exchange offer as noteholders continue to balk at the company's attempts.