TITLE

National Century Bankruptcy Prompts New Security Provisions

AUTHOR(S)
Fine, Jacob
PUB. DATE
December 2002
SOURCE
Bond Buyer;12/20/2002, Vol. 342 Issue 31537, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that due to the bankruptcy of the National Century Financial Enterprises Inc., investors in the U.S. are demanding more security provisions from hospitals seeking to sell bonds. Possibility of bond issuers developing financial problems; Example of Elmhurst Memorial Hospital which sought to sell municipal bonds through the Illinois Health Facilities Authority.
ACCESSION #
8909435

 

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