Capital AvailabilityDEMO
75
Stable▼ -2.9
ValixData derived signalSEC · BLS · BEA · Census
OPEN → KNOWwhat changed · what matters · what is unusual · what comes next · evidencePrepared for this professional role
TODAY · 3-MINUTE OVERVIEWDistressed / Special Sits · daily overview
PREPARED AUTOMATICALLY FOR YOUR ROLE
COMPLEMENTS YOUR EXISTING SYSTEMS · DEMO SIGNAL VALUES
Since prior review3 material changesDemo count · Nova ranks the changes that deserve attention
Highest exceptionCapital AvailabilityStable · source/freshness attached when live
Cross-signal readValuation PressureCompared with Operating Stress Breadth · relationship layer
Next catalysts4 monitoredDemo count · releases and events will populate here
Source readinessNews live · signals stagedOfficial connectors replace demo values without changing the workflow
TODAY'S REVIEW LIST
Capital Availability
Valuation Pressure
Exit / Liquidity Window
changes · exceptions · upcoming events · news · sourcesV
Current summary
How this works: advanced features appear only when the required data, history, access level, or connection is available
SINCE LAST REVIEWEstablishing local review baseline…Saved on this device onlyFinding the most important visible indicators…Brief 0
VALIXDATA · DISTRESSED / SPECIAL SITS INTELLIGENCE NOW
What changed. What is unusual. What deserves attention.
DESK ENGINEREADYLive news + demo signals
ROLE-SPECIFIC SIGNAL MATRIX6 derived indicators configured
Valuation PressureDEMO
69
Watch▲ +3.8
ValixData derived signalSEC · BLS · BEA · Census
Operating Stress BreadthDEMO
49
Improving▼ -1.2
ValixData derived signalSEC · BLS · BEA · Census
Exit / Liquidity WindowDEMO
69
Stable▼ -2.1
ValixData derived signalSEC · BLS · BEA · Census
Deployment MomentumDEMO
72
Mixed▼ -4.0
ValixData derived signalSEC · BLS · BEA · Census
Industry Event VelocityDEMO
56
Elevated▲ +1.9
ValixData derived signalSEC · BLS · BEA · Census
CHANGE MAPSignal direction at a glance
DEMOCapital AvailabilityStable
Valuation PressureWatch
Operating Stress BreadthImproving
Exit / Liquidity WindowStable
Deployment MomentumMixed
Industry Event VelocityElevated
NOVA · PRIORITY INDUSTRY NEWSWhat this desk should see first
CONNECTINGConnecting the approved 24-hour Distressed / Special Sits news feed…
Priority stories will replace this preview automatically.
No per-user AI call is required for the shared desk feed.
LIVE WHEN CONNECTED
Every calculated indicator will show its source, update time, methodology, and whether the value is live, reference, or demo. Temporary values are intentionally marked DEMO.
Open full Nova brief + news →Desk KPIs
#1
HY Default Rate (L12M)
2.1%
FRED · DFLPBAC
Trailing 12-month leveraged credit default rate. Below 3% = cycle benign. Rising toward 4%+ = distressed opportunities building. Watch the CCC cohort.
#2
CCC OAS (bps)
1,024bps
FRED · BAMLH0A3HYEF
CCC-rated spread — the leading indicator for default cycle acceleration. Above 1,000bps = refinancing walls becoming real for weakest borrowers.
#3
Ch.11 Filings (30D)
47 large filings
MANUAL
Large company Chapter 11 filings in last 30 days (>$50M assets). Rising pace = deal flow accelerating. The database you need before Infolio does.
#4
Avg. Recovery Rate
41¢ (1st lien)
MANUAL
Average recovery on first lien debt in bankruptcy. Declining from historical ~70¢ reflects EBITDA inflation and incremental facility dilution.
#5
Loan Prices (Distressed)
58¢ median
MANUAL
Median price of loans trading below 80¢ (distressed bucket). Where the secondary market is clearing. Your bid benchmark for new buys.
#6
PIK Toggle Loans (%)
18% of market
MANUAL
Share of leveraged loans with PIK toggle active. Rising = cash flow pressure building. Precedes covenant breaches by 1-2 quarters.
#7
DIP Spread (Recent)
SOFR+650 avg
MANUAL
Recent DIP financing all-in spread. The going rate for debtor-in-possession loans. Your benchmark for every restructuring financing proposal.
#8
CLO CCC Bucket Avg
5.8% of pools
MANUAL
Average CCC concentration in CLO pools. Approaching the 7.5% OC test trigger. Rising = forced CLO selling of CCC paper creates buying opportunity.
Data notes & methodology
About these tiles — the eight values above are reference baselines for the distressed / special sits seat, drawn from FRED, EIA, BLS, and curated industry sources. The live crypto and FX panels below refresh from public APIs every 60 seconds; KPI values would refresh from their cited sources via a backend proxy in the production deployment.
Aria Intelligence Brief
● Live
Distressed / Special Sits read & analyst summary
Ask Aria for the current read once the relevant desk data has loaded.
Aria explains the indicators, changes, current news and source context shown on this desk,
while keeping the professional responsible for the decision.
Aria explains the indicators, changes, current news and source context shown on this desk,
while keeping the professional responsible for the decision.
Additional market contextOptional · loads only when opened
Top-20 Cap
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24h Volume
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BTC Dominance
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Market Breadth
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Digital asset market context
| # | Asset | Price | 24h | 7d | Mkt Cap | 7d Trend |
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| Fetching live quotes… | ||||||
FX market context
About this desk
Key indicators, overnight industry intelligence, source provenance, and desk-aware analysis in one persistent workspace.
Key indicatorsConfigured · sources shown
Industry newsLive 24h desk feed
AriaExplains this desk's data
NovaAutomatic overnight brief
The ValixData Distressed / Special Sits desk organizes market context for professionals working in private markets. It separates live market feeds from reference indicators so readers can see what is current, what is a baseline, and which source supports each figure.
The desk focuses on signals including HY Default Rate (L12M), CCC OAS (bps), Ch.11 Filings (30D), Avg. Recovery Rate, and related indicators.
Desk status: Core desk. Reference values are not presented as live production feeds. Source cadence and methodology are documented on the methodology page.
Read data methodology →Distressed / Special Sits is a Core desk.
Core means the profession has an explicit signal configuration. Commercial priority is driven by demand, source readiness and economics.
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