Wood Pellet Maker Enviva Misses Bond Payment

The largest U.S. wood pellet exporter is skipping a $24 million payment due to its bondholders Tuesday, as it continues restructuring discussions in the wake of a disastrous bet on future pellet prices.

Wood Pellet Maker Enviva Misses Bond Payment
The largest U.S. wood pellet exporter is skipping a $24 million payment due to its bondholders Tuesday, as it continues restructuring discussions in the wake of a disastrous bet on future pellet prices.