PSINet Inc., the financially troubled Ashburn, VA-based internet service provider, will default on a $20.1 million interest payment on its 11-1/2% senior notes due May 1 and will not make its May equipment lease and note payments, which total $16.6 million.
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PSINet Inc., the financially troubled Ashburn, VA-based internet service provider, will default on a $20.1 million interest payment on its 11-1/2% senior notes due May 1 and will not make its May equipment lease and note payments, which total $16.6 million.
