Anuvia Unit Expected to Default on Jan. 1 Payment

Anuvia Florida LLC, a subsidiary of specialty fertilizer maker Anuvia Plant Nutrients LLC, Zellwood, Fla., will default on about $50 million of municipal bonds issued in 2018 as part of a debt restructuring, according to Bloomberg, citing a company securities filing. Anuvia Florida doesn’t have enough cash to make the Jan. 1 interest payment on the debt.