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Prospect News reports two new defaults for Dec. 29-Jan. 4
By Sarah Lizee
Olympia, Wash., Jan. 6 – Prospect News reported two new defaults for the period of Dec. 29 through Jan. 4.
Specifically, Prospect News reported a missed principal and interest payment on Sunkwan Properties Group Ltd.’s 13½% notes due Jan. 2, 2023 and a missed interest payment on Limestone Boat Co.’s debentures.
Prospect News also reported a missed payment on Yida China Holdings Ltd.’s 12% senior notes due April 30, 2025, but the company had already defaulted several times.
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