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crossover refunding bonds

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crossover refunding bonds
Bonds issued for the purpose of paying off an existing bond issue. Crossover bonds are secured initially by the escrow of investments created from the crossover bond proceeds while the bonds to be refunded continue to be secured by the original revenue stream. On a specified date the refunded bonds are redeemed from the funds held in escrow and the crossover bonds become payable from the original revenue stream.


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Paul, MN Housing and Redevelopment Authority hospital facility revenue crossover refunding bonds (HealthEast Project), series 1993 (1).
Fitch Ratings Assigns HealthEast's (Minnesota), Series 2005 Bonds ... by Business Wire
Paul, MN Housing and Redevelopment Authority, hospital facility revenue crossover refunding bonds (HealthEast Project), series 1993.
Fitch Affirms HealthEast, Minnesota at 'BB+'; Outlook to Positive by Business Wire
Authority hospital facility revenue crossover refunding bonds
Fitch Ratings Upgrades HealthEast - MN's- Bonds to 'BB+' by Business Wire
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