Tire recycler huddles with Illinois officials on technical default

Williamson, Tammy
February 1998
Bond Buyer;02/04/98, Vol. 323 Issue 30324, p34
Trade Publication
Reports on Dallas, Texas-based tire recycling company Waste Recovery Inc.'s negotiations with Illinois authorities on its technical default on more than eight million dollars of waste recovery revenue bonds. Concerns over the restructuring of the bonds; State's reluctance to grant Waste Management's request for a moral obligation pledge on a restructured financing; Maturity date of the issue.


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