2000 public corporate bond defaults amer reefer co limited shipping company 100 0 million 10 25 first preferred ship mortgage notes due 3 1 2008 on september missed the interest payment its s earnings have been weak to continuing low rates in shipment of refrigerated cargoes resulting from competitive pressure and depressed market conditions moreover during 1999 operating difficulties partly a generator breakdown whitney vessel subsequent delivery delays aggravated deteriorating results headquartered nicosia cyprus owns seven ships operates transportation goods 09 01 contact andris kalnins 553 1645 american architectural products corporation manufacturer residential 125 11 75 guaranteed senior 12 2007 elected enter into 30 day grace period regarding payable june has aggressively pursued debt funded acquisition plan since 1997 which was offset by escalating losses as