Prospect News reports four new defaults for week of Nov. 6 to Nov. 12

By Caroline Salls

Pittsburgh, Nov. 14 – Prospect News reported four new defaults for the period of Nov. 6 through Nov. 12.

Specifically, Prospect News reported Chapter 11 filings made by KiOR, Inc. and Dendreon Corp., OW Bunker A/S’ bankruptcy filing in Denmark and Bumi Investment Pte. Ltd. (PT Bumi Resources Tbk.)’s missed interest payment on its 10.75% guaranteed secured notes due 2017.

Prospect News has reported 120 defaults so far for 2014, including 63 Chapter 11 bankruptcy filings, 11 missed interest payments, nine Chapter 15 bankruptcy filings, four each of administrations and controlled management requests, three each of Companies’ Creditors Arrangement Act filings, missed payments and missed principal and interest payments, two each of bankruptcy filings, concurso mercantil filings, insolvencies, distressed exchanges and missed principal payments and one each of bankruptcy administrations, defaults, judicial recovery requests, Chapter 7 bankruptcy filings, missed interest payments paid within the grace period, reconstructions, reorganizations, restructurings, curatorships and liquidations.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.