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Prospect News reports five new defaults for Feb. 22-Feb. 28
By Sarah Lizee
Olympia, Wash., March 1 – Prospect News reported five new defaults for Feb. 22 through Feb. 28.
Specifically, Prospect News reported Chapter 11 filings by Thrasio Holdings, Inc., AGTJ13, LLC, Cottonwood Financial Ltd. and CorEnergy Infrastructure Trust, Inc., and a missed principal and interest payment by the Argentinean province of La Rioja.
So far in 2024, Prospect News has reported 34 total defaults, including 22 Chapter 11 filings, three missed principal and interest payments, two each of Chapter 15 filings, missed interest payments and missed principal payments, and one each of CCAA filings, Chapter 7 filings and liquidations.
The companies that filed Chapter 11 during the week reported at least $1.06 billion in assets and $700 million in liabilities.
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