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Published on 2/22/2019 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 week of Feb. 14-Feb. 20

By Caroline Salls

Pittsburgh, Feb. 22 – Prospect News reported two new defaults for the week of Feb. 14 through Feb. 20.

Specifically, Prospect News reported Chapter 11 bankruptcy filings made by Pernix Therapeutics Holdings, Inc. and Payless ShoeSource Inc.

So far in 2019, Prospect News has reported 25 defaults, including 18 Chapter 11 bankruptcy filings, five missed interest payments and two missed principal payments.


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