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Credit markets are growing increasingly nervous about the indebted group. Owner Jean-Charles Naouri has bank lines to fall back on, but that may be a mixed blessing for creditors. Bond markets are jittery. Rallye's five-year credit default swaps, a form of insurance against default, have soared to over 2,800 basis points, from just over 700 in March. That implies a more than 80 percent probability of failure, according to Eikon. Rallye's 3.4 percent bond maturing in 2022 yields 26 percent. Some 975 million euros of bonds come due between now and March. That's not all. Rallye also issues commercial paper, a form of short-term borrowing typically used by highly rated companies and banks.

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Invisible placeholder New Mexico's Biggest Beer Festival Returns at Isleta Resort & Casino New Mexico's Biggest Beer Festival Returns at Isleta Resort & Casino New Mexico's Biggest Beer Festival returns at Isleta Resort & Casino. There will be 60 fantastic breweries, ciders and spirits. There will also be unlimited craft beer sampling, three stages with seven of the best local bands. For more information about ABQ Hopfest click  here.

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