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Published on 3/6/2020 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 Feb. 27-March 4

By Caroline Salls

Pittsburgh, March 6 – Prospect News reported three new defaults for the week of Feb. 27 through March 4.

Specifically, Prospect News reported Chapter 11 bankruptcy filings made by Pioneer Energy Services Corp., CraftWorks Holdings, LLC and the Diocese of Buffalo.

So far in 2020, Prospect News has reported 46 defaults, including 34 Chapter 11 bankruptcy filings, six missed interest payments, four missed principal payments and one each of missed payments and Chapter 7 bankruptcy filings.


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