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Isda calls for more information on Eircom deliverables
13 years ago
Isda says it has not yet been able to decide whether or not there should be an credit settlement auction for Eircom -
Second US airline files for bankruptcy in 2012
13 years ago
Regional US airline Pinnacle Airlines filed for chapter 11 bankruptcy on Sunday with debts of $1.4 billion. -
Isda will rule on Sino Forest credit event after bankruptcy filing
13 years ago
Isda’s determinations committee will consider whether Chinese forestry producer Sino Forest has triggered a credit event this week -
Sino-Forest files for bankruptcy amid fraud allegations
13 years ago
Chinese timber company Sino-Forest declared on Friday that it is filing for bankruptcy in Canada following allegations of fraud against the company. -
Eircom says it will miss a bond interest payment, despite holding the cash.
13 years ago
Irish telecoms group Eircom will miss a €5.7 million interest payment, despite holding sufficient cash. -
High yield default rate edged higher in January, says Moody's
13 years ago
Moody's default rate edges higher in January with seven new defaults. -
Asia sees two defaults as issuers refuse to pay lenders
13 years ago
China Medical Technologies was downgraded after missing a coupon payment, while an Indonesian shipping company declared its intention to halt debt repayments today. -
LCDX consistuent NewPage files for bankruptcy
14 years ago
A bankruptcy filing early today by troubled US paper company Newpage has added to a flurry of defaults this week -
Isda committee considers failure to pay by Indian convertibles issuer
14 years ago
Isda’s credit derivatives determinations committee is considering a request by Citi to rule on a default by Cranes Software International -
Takefuji becomes latest casualty of stricter Japanese regulations
15 years ago
Japanese consumer lender Takefuji has filed for bankruptcy with JPY433.6 billion ($5.1 billion) in liabilities -
Icahn takes blocking bid in Blockbuster debt, reports WSJ
15 years ago
The Wall Street Journal reports that Carl Icahn has bought around one-third of Blockbuster’s debt -
Budget cuts trigger first big UK insolvency since 2008
15 years ago
UK property and environmental services firm Connaught announced late yesterday that it had entered administration with £220 million ($339 million) of debt outstanding -
Power cut as Boston Generating files for bankruptcy
15 years ago
Boston Generating, which holds the third largest power generating portfolio in the New England region, filed for bankruptcy on 18 August in the southern district of New York -
Honeymoon ends as Sea Island files for bankruptcy
15 years ago
Sea Island Company filed for bankruptcy in Georgia on Wednesday, citing over $500 million in outstanding debt -
US high yield default rate falls to 5.4%, says Moody's
15 years ago
Moody’s calculates that the US high yield default rate fell in July to a rolling 12-month rate of 5.4% from 6.4% the previous month -
Second-liens set for a haircut as razor maker files for bankruptcy
15 years ago
The cut throat business of selling shaving products proved too much for American Safety Razor, which filed for chapter 11 bankruptcy on Wednesday -
Second liens suffer as knickknack seller restructures debt
15 years ago
A direct retailer of knickknacks recently missed a payment on its second-lien loans -
Price freeze fells gas producer
15 years ago
Metrogas, an Argentinian part-owned subsidiary of gas producer BG Group, succumbed to the decade-long effects of government-imposed price freezes, filing for bankruptcy yesterday -
Loan holders set to recover par after paper company bankruptcy
15 years ago
Loan investors stand to make full recoveries on loans to a New Jersey-based paper manufacturer after it filed for bankruptcy yesterday -
Defaults continue to fall, finds Moody's
15 years ago
Moody’s reports that the 12-month rolling global high yield default rate fell to 7.5% in May, down from 9% the previous month -
Oaktree set to win control as aluminium maker files for bankruptcy
15 years ago
Dutch-domiciled Aluminium producer Almatis filed for chapter 11 bankruptcy in a New York court yesterday -
Hotel owner skips coupon payments
15 years ago
A hotel-owning reit has defaulted on some of its debt, according to a regulatory filing by one of its investors -
European CLOs hit by North Carolina bankruptcy
15 years ago
Lenders to a specialist manufacturing company will swap their debt for new term loans in a court-supervised restructuring -
Waste manager secures $30 million DIP
15 years ago
US waste management company EnviroSolutions Holdings filed for bankruptcy on Wednesday, according to various media reports -
Race track owner files for bankruptcy
15 years ago
Indiana-based gaming company Centaur filed for bankruptcy on Sunday, according to a company announcement
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