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Published on 11/15/2019 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily, Prospect News Distressed Debt Daily, Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Prospect News reports three new defaults for week of Nov. 7-Nov. 13

By Caroline Salls

Pittsburgh, Nov. 15 – Prospect News reported three new defaults for the week of Nov. 7 through Nov. 13.

Specifically, Prospect News reported Chapter 11 bankruptcy filings made Nuvectra Corp., Dean Foods Co. and Arsenal Resources Development LLC.

So far in 2019, Prospect News has reported 148 defaults, including 105 Chapter 11 bankruptcy filings, 19 missed interest payments, seven missed principal payments, six Chapter 15 bankruptcy filings, two each of schemes of arrangement, administrations and missed payments and one each of Chapter 7 bankruptcy filings, Companies’ Creditors Arrangement Act proceedings, safeguard proceedings, self-administrations and provisional liquidations.


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