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Prospect News home > News index > List of issuers S > Headlines for Southeastern Grocers, LLC > News item
Published on 3/29/2018 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 four new defaults for week of March 22-March 28

By Caroline Salls

Pittsburgh, March 29 – Prospect News reported four new defaults for the week of March 22 through March 28.

Specifically, Prospect News reported Chapter 11 bankruptcy filings made by Summit Financial Corp., Southeastern Grocers, LLC and Remington Outdoor Co., Inc. and a missed principal payment on Midas Holdings Ltd.’s 7% series 003 notes originally due 2017.

So far in 2018, Prospect News has reported 47 defaults, including 30 Chapter 11 bankruptcy filings, four missed interest payments, three bankruptcies, two each of missed principal and interest payments and missed principal payments and one each of restructurings, recapitalizations, compulsory liquidations, CCAA filings, distressed exchanges and debt-for-equity exchanges.


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