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Prospect News home > News index > List of issuers G > Headlines for Gymboree, Inc. > News item
Published on 1/25/2019 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 Jan. 17-Jan. 23

By Caroline Salls

Pittsburgh, Jan. 25 – Prospect News reported three new defaults for the week of Jan. 17 through Jan. 23.

Specifically, Prospect News reported Chapter 11 bankruptcy filings made by Sam Kane Beef Processors, LLC and Gymboree, Inc. and a missed interest payment on Falcon Energy Group Ltd.’s series 001 notes due Sept. 19, 2020.

Prospect News also reported a missed principal payment on Hsin Chong Group Holdings Ltd.’s 8½% senior notes due Jan. 22, 2019. However, Hsin Chong had previously defaulted in connection with May 2018 and May 2017 missed principal payments.

So far in 2019, Prospect News has reported six defaults, including three Chapter 11 bankruptcy filings, two missed interest payments and one missed principal payment.


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