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Published on 6/14/2019 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 two new defaults for week of June 6 to June 12

By Caroline Salls

Pittsburgh, June 14 – Prospect News reported two new defaults for the week of June 6 through June 12.

Specifically, Prospect News reported Chapter 11 bankruptcy filings made by Insys Therapeutics, Inc. and United Sporting Cos., Inc.

So far in 2019, Prospect News has reported 75 defaults, including 52 Chapter 11 bankruptcy filings, 12 missed interest payments, six missed principal payments, four Chapter 15 bankruptcy filings and one scheme of arrangement.


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