US courts saw one large bankruptcy filing last week while the pile of distressed debt grew, according to data compiled by Bloomberg.
- Clothing retailer
Express Inc. filed for Chapter 11 protection with plans to close stores and sell itself- Read More:
Express Risks Liquidation If Buyout Deal Can’t Be Reached Soon
- Read More:
- Some $207.9 billion of dollar-denominated corporate bonds and loans in the Americas traded at distressed levels as of Friday, up 5.48% from $197.2 billion a week earlier, Bloomberg-compiled figures show
- To view historical distressed debt data, click the chart below
- The following is a breakout of distressed debt ...
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