Bond Defaults News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Coffee Day Enterprises (CDEL) informed the exchange about the insolvency application filed by IDBI Trusteeship without naming the bondholder. CDEL is Coffee Day Global's holding company that operates the Cafe Coffee Day chain. On March 31, 2022, CDEL had defaulted on ₹115.37 crore of bond payments to Credit Opportunities II Pte and ₹116.55 crore to India Special Situation Scheme, both funds of Ares SSG Capital.

Harvey and its advisors are in the process of notifying holders of its defaulted 2002 and 2007 bonds of its upcoming exchange offer.

The question of when the U.S. could default will come into sharp relief this week when the Treasury reveals how big its tax take is likely to be.

Two ratings agencies expect AES Puerto Rico to default on Puerto Rico municipal conduit bonds.

The struggling Chicago suburb is waiting on audited financial statements that, once in hand, will pave the way for an exchange offer to its GO bondholders.