E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/24/2020 in the Prospect News Distressed Debt Daily.

Metronomic files Chapter 11 bankruptcy with over $50 million in debt

By Sarah Lizee

Olympia, Wash., Sept. 24 – Metronomic Holdings, LLC filed Chapter 11 bankruptcy on Wednesday in the U.S. Bankruptcy Court for the Southern District of Florida.

The company listed $50 million to $100 million in both assets and liabilities.

The company’s largest unsecured creditors are Qidian of Tysons, Va., with a $51.3 million unsecured loan repayment claim, and Fuse Funding of Fort Lauderdale, Fla., with a $17.65 million mortgage claim.

Metronomic is a Coral Gables, Fla.-based sustainable real estate developer. The Chapter 11 case number is 20-20310.


© 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.