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Published on 6/27/2014 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 five new defaults for June 19 through June 25

By Caroline Salls

Pittsburgh, June 27 – Prospect News reported five new defaults for the period of June 19 through June 25.

Specifically, Prospect News reported Chapter 11 bankruptcy filings made by Nautilus Holdings Ltd., Source Home Entertainment, LLC, MacKeyser Holdings, LLC, Revel Entertainment Group, LLC (Revel AC, Inc.) and Solavei, LLC.

Prospect News has reported 70 defaults so far for 2014, including 41 Chapter 11 bankruptcy filings, nine missed interest payments, five Chapter 15 bankruptcy filings, two each of concurso mercantil filings, Companies’ Creditors Arrangement Act filings, administrations and missed principal and interest payment and one of each of defaults, restructurings, bankruptcy filings, judicial discovery requests, Chapter 7 bankruptcy filings, missed interest payments paid within the grace period and reconstructions.


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