US Bankruptcy Tracker: Distressed Debt Expansion Streak Rolls On

The pile of troubled debt outstanding expanded by about $12.1 billion last week, marking a fourth straight week of growth, according to data compiled by Bloomberg.

• The heap of dollar-denominated corporate bonds and loans in the Americas trading at distressed levels rose to $258.7 billion on Friday, about a 4.91% increase from $246.1 billion a week earlier, according to data compiled by Bloomberg

Source: Data compiled by Bloomberg

• There were three large bankruptcy filings -- cases involving at least $50 million of liabilities -- in the US last week, according to data compiled by Bloomberg
  • Among them was the Chapter 11 filing of Vital ...