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Published on 1/17/2020 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 three new defaults for week of Jan. 9-Jan. 15

By Caroline Salls

Pittsburgh, Jan. 17 – Prospect News reported three new defaults for the week of Jan. 9 through Jan. 15.

Specifically, Prospect News reported Chapter 11 bankruptcy filings made by REVA Medical, Inc. and Thomas Health System, Inc. and a missed interest payment on Ethika Finance plc’s 8½% five-year notes.

So far in 2020, Prospect News has reported eight defaults, including six Chapter 11 bankruptcy filings, one missed interest payment and one missed principal payment.


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