resource recovery revenue bond

(redirected from Resource Recovery Revenue Bonds)

Resource Recovery Revenue Bond

A municipal bond used to construct a waste processing or recycling center. The coupons and principal on a resource recovery revenue bond are secured by the fees paid by users of the center and/or by the sale of the recycled products.

resource recovery revenue bond

A debt obligation, usually issued by a municipality or local government agency, the proceeds of which are used to construct a facility that converts solid waste into some sort of salable item. Debt service is generally covered through fees paid by firms disposing of garbage and through revenues from the sale of an end product such as energy or fuel.
References in periodicals archive ?
3 million, solid waste & resource recovery revenue bonds, series 2006A upgraded to 'A+' from 'A'; --$40.
s (Northampton) $153 million senior tax-exempt series 1994 A resource recovery revenue bonds due 2019 (senior bonds) at 'C'.
In February 2006, Fitch downgraded Northampton's $153 million senior tax-exempt series 1994A resource recovery revenue bonds due 2019 (the Bonds) from 'BBB-' to 'BB-', citing weak margins and deteriorating debt service coverage ratios.
s (Northampton) $153 million senior tax-exempt series 1994 A resource recovery revenue bonds due 2019 to 'BB-' from 'BBB-' and removed it from Rating Watch Negative.
s (Northampton) series A resource recovery revenue bonds on Rating Watch Negative.
Massachusetts Industrial Finance Agency and Massachusetts Development Finance Agency resource recovery revenue bonds (Ogden Haverhill Project), unenhanced rating upgraded to 'B' from 'CC' and remains on - Rating Watch Evolving;
28, 2001-- Standard & Poor's today assigned its preliminary triple-'B' rating to Massachusetts Development Finance Agency's $301 million resource recovery revenue bonds (SEMASS Partnership).
3 million of outstanding resource recovery revenue bonds.
Fitch has assigned a 'BBB+' underlying rating to $107 million Montgomery County Industrial Development Authority's (PA) resource recovery revenue bonds (Montgomery County Project Series 1989).
NEW YORK--(BUSINESS WIRE)--Standard & Poor's CreditWire 9/29/97 -- Standard & Poor's today affirmed its triple-'B'-minus rating on Pennsylvania Economic Development Financing Authority's (Colver Power Project) senior secured resource recovery revenue bonds series 1994D, due 2018.
has initiated an offer to owners of its $320,000,000 Village of Robbins, Cook County, Illinois Resource Recovery Revenue Bonds (Robbins Resource Recovery Partners, L.
and the advisors to the Unofficial Committee of Bondholders for a restructuring of the $320 million Resource Recovery Revenue Bonds, Series 1994A and B.
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