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Published on 5/17/2013 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 no new defaults for period of May 9 to May 15

By Caroline Salls

Pittsburgh, May 17 - Prospect News reported no new defaults for the week of May 9 to May 15.

Prospect News has reported 50 defaults so far in 2013, including 28 Chapter 11 filings, six each of missed interest payments and missed principal and interest payments, three missed principal payments, two each of Chapter 7 bankruptcy filings and involuntary Chapter 11 filings and one each of bankruptcy filings, missed payments and distressed exchanges.


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