E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/3/2024 in the Prospect News Distressed Debt Daily.

Supor Properties files bankruptcy with over $50 million in debt

By Sarah Lizee

Olympia, Wash., April 3 – Supor Properties Enterprises LLC filed Chapter 11 bankruptcy on Tuesday in the U.S. Bankruptcy Court for the District of New Jersey.

In its petition, the company said funds will be available for unsecured creditors.

It listed assets between $100 million and $500 million and liabilities between $50 million and $100 million.

No unsecured creditors were listed with claims of $1 million or more.

The Kearny, N.J.-based single asset real estate company filed bankruptcy under Chapter 11 case number 24-13427.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.