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Published on 1/22/2021 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 two new defaults for Jan. 14-Jan. 20 period

By Sarah Lizee

Olympia, Wash., Jan. 22 – Prospect News reported two new defaults for the week of Jan. 14 through Jan. 20.

Specifically, Prospect News reported Chapter 11 bankruptcy filings made by the National Rifle Association of America and entities of Eagle Hospitality Real Estate Investment Trust.

So far in 2021, Prospect News has reported seven defaults, all of which are Chapter 11 filings.

The two companies that filed Chapter 11 in the week posted at least $600 million in assets and at least $600 in liabilities.


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