Covanta Fails to Pay Debt Bill;

McDonald, Michael
March 2002
Bond Buyer;3/4/2002, Vol. 339 Issue 31336, p1
Trade Publication
Focuses on the situation of the U.S. resource recovery sector of the municipal market with reference to Covanta Energy Corp.' failure to make the March 1, 2002 payment. Downgradation of the company's credit ratings by Standard & Poor's Corp.; Impact of the announcement of ratings on resource recovery market; Increase in the company's possibility of entering bankruptcy.


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