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Prospect News home > News index > List of issuers B > Headlines for Birch Real Estate CDO (Delaware) Corp. > News item
Published on 8/14/2015 in the Prospect News Distressed Debt Daily.

Birch Real Estate defaults on Aug. 10 class B note interest payment

By Caroline Salls

Pittsburgh, Aug. 14 – Birch Real Estate CDO I, Ltd. and Birch Real Estate CDO (Delaware) Corp. defaulted on an interest payment due Aug. 10 on their class B note, according to a notice from trustee Wells Fargo Bank, NA.

The default occurred, because the company did not make the payment within four business days of the due date.

Birch is based in George Town, Cayman Islands.


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