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Published on 5/31/2019 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 one new default for week of May 23 to May 29

By Caroline Salls

Pittsburgh, May 31 – Prospect News reported one new default for the week of May 23 through May 29.

Specifically, Prospect News reported a Chapter 11 bankruptcy filing made by White Star Petroleum, LLC.

So far in 2019, Prospect News has reported 69 defaults, including 48 Chapter 11 bankruptcy filings, 12 missed interest payments, five missed principal payments, three Chapter 15 bankruptcy filings and one scheme of arrangement.


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