Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Guggenheim Ties Weigh on Acrisure Debt, Dragging High-Yield Credit Markets

It had already been a tough 2026 for Acrisure. Part fintech, part insurance broker, the firm said in late May it would cut 11% of its workforce, or some 2,250 people, as part of a sweeping overhaul to modernize operations. Some of its bonds and loans had fallen, but still remained above levels typically deemed distressed.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

Saturday assorted links

1. Roger Myerson now has a Substack. 2. The future of higher education? 3. Another look at data centers in space. 4. “The Global Economics Lab is a non-partisan organization located at Harvard and…

More from Saturday 29 August →