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Prospect News reports two new defaults for July 27-Aug. 2
By Sarah Lizee
Olympia, Wash., Aug. 4 – Prospect News reported two new defaults for July 27 through Aug. 2.
Specifically, Prospect News reported Chapter 11 filings made by AeroCision Parent, LLC and Voyager Aviation Holdings, LLC.
So far in 2023, Prospect News has reported 154 defaults, including 100 Chapter 11 filings, 20 missed interest payments, 12 missed principal and interest payments, five CCAA filings, three each of missed principal payments and Chapter 15 filings, two each of conciliations, Chapter 7 filings, missed interest payments paid within a grace period and recapitalizations, and one each of reorganizations, liquidations and judicial reorganizations.
The two companies that filed Chapter 11 during the week reported at least $1.1 billion in assets and at least $1.1 billion in debt collectively.
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