National Century Bankruptcy Prompts New Security Provisions

Fine, Jacob
December 2002
Bond Buyer;12/20/2002, Vol. 342 Issue 31537, p1
Trade Publication
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.


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