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Finance > Rate Covenant
The following information is about Rate Covenant.
Rate Covenant Defined
A provision governing a municipal revenue project financed by a revenue bond issue, which establishes the rates to be charged users of the new facility.
This definition is in context to Finance. See more contextual defintions for Rate Covenant.
Lenders Squeeze Companies Amid $112 Billion of Losses (Update2)
Published October 7, 2008, 11:52 am, Bloomberg
Oct. 7 (Bloomberg) -- McClatchy Co. , Building Materials Holding Corp. and almost 100 other companies across the U.S. are suffering payback from lenders stung by at least $112 billion of losses in the loan market.
Banks battered but market edges higher
Published October 7, 2008, 9:49 am, Guardian Unlimited
Investors hate uncertainty and being a shareholder in a bank is about as uncertain as it gets at the moment. Many seem to have decided to just throw in the towel, leading to unprecedented falls in the shares of some of Britain's best known financial institutions
It"s America that"s bankrupt
Published October 6, 2008, 10:21 pm, Online Journal
The toxic mortgage-debt paper is only a cover.
West Virginia Wants to Stub Gay Smoking
Published October 3, 2008, 2:21 pm, The Advocate
Two state groups each received a $50,000 grant that will go to smoking cessation programs and marketing. Gay people who chew tobacco will also be targeted for assistance.
Credit tightens in Midlands
Published October 2, 2008, 9:16 pm, The State
Businesses and shoppers find it harder to get loans Mark Lambright, owner of Make It New in Columbia, could use a small business loan to help his furniture refinishing business make it through hard times. But he declared bankruptcy in the mid-1990s and can’t find a bank willing to give him a line of credit to buy fabrics and paints. “There’s not a lot of room for the average person,” Lambright ...
Fitch Rates Kentucky State Property & Buildings $15M Project 91 Agency Bonds 'A+'; Outlook Negative
Published October 2, 2008, 3:46 pm, Centre Daily Times
Fitch has assigned an 'A+' rating to the Commonwealth of Kentucky State Property and Buildings Commission's approximately $14.6 million agency fund revenue bonds, Project No. 91, expected for negotiation on or about Oct. 7. The bonds will be due April 1, 2010-2029 and will be optionally callable at dates and prices to be determined. The Rating Outlook is Negative.
Fitch Rates Kentucky State Property & Buildings $15M Project 91 Agency Bonds 'A+'; Outlook Negative
Published October 2, 2008, 3:22 pm, Business Wire via Yahoo! Finance
NEW YORK----Fitch has assigned an 'A+' rating to the Commonwealth of Kentucky State Property and Buildings Commission's approximately $14.6 million agency fund revenue bonds, Project No. 91, expected for negotiation on or about Oct. 7.
Fitch Affirms Sam Rayburn Municipal Power Agency, Texas, Rev Bonds at 'BBB-'; Outlook Stable
Published October 2, 2008, 1:02 pm, Centre Daily Times
Fitch Ratings affirms its 'BBB-' rating on the Sam Rayburn Municipal Power Agency's (SRMPA, or the system), Texas, outstanding $166 million power supply system revenue refunding bonds, series 2002. The Rating Outlook is Stable.
Fitch Affirms Sam Rayburn Municipal Power Agency, Texas, Rev Bonds at 'BBB-'; Outlook Stable
Published October 2, 2008, 12:40 pm, Business Wire via Yahoo! Finance
NEW YORK----Fitch Ratings affirms its 'BBB-' rating on the Sam Rayburn Municipal Power Agency's , Texas, outstanding $166 million power supply system revenue refunding bonds, series 2002.
Orleans Homebuilders Posts $34.2 Million Loss During Fourth Quarter
Published October 2, 2008, 11:43 am, BuildingOnline
BENSALEM, PA -- Orleans Homebuilders, Inc. this week reported a $34.2 Million loss during its fourth quarter, substationally higher than the $11 million loss it reported for the same period a year earlier. The company said that new orders decreased 28%, to 286 homes during the quarter.
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