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Prospect News home > News index > List of issuers E > Headlines for Express Inc. > News item
Published on 4/26/2024 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 April 18-April 24

By Sarah Lizee

Olympia, Wash., April 26 – Prospect News reported two new defaults for April 18 through April 24.

Specifically, Prospect News reported a Chapter 11 filing from Express Inc. and a Chapter 15 filing from Israel’s Gamida Cell Ltd.

So far in 2024, Prospect News has reported 61 total defaults, including 41 Chapter 11 filings, seven missed principal and interest payments, three each of Chapter 15 filings and liquidations, two each of missed principal payments and Chapter 7 filings, and one each of CCAA filings, missed interest payments and administrations.

Express listed $1.3 billion in assets and $1.2 billion in liabilities.


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