Alert Categories

The goal of The Distressed Company Alert Newsletter is to alert subscribers to significant recent events reported by U.S. Public Companies indicating possible distress. 

Alerts are triggered when a company indicates distress in one of the following categories:

Default:
A missed interest or principal payment on a debt obligation.

Covenant Violation:
A violation of a covenant in an agreement or indenture governing a debt obligation.

Audit Concern:
A going concern qualification is reported by the company's certified accountants in an annual report. 

Low Rating:
A major ratings agency has downgraded a company's publicly traded debt to below a "B" rating, indicating vulnerability to default.

Debt at Significant Discount:
The Company’s public debt is trading with a current yield or yield-to-maturity in excess of eight points over the long-term Treasury bond rate.

Preferred Dividend Omission:
The Company has omitted a dividend on its preferred stock.