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Author: joelcorley Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35357  
Subject: Re: Any updates on Edison Mission Energy bonds? Date: 10/25/2013 6:41 PM
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howardqt,

You wrote, The news says that NRG will retain $1.272B of non-recourse debt, so those bonds may/should eventually workout better. I don’t know which issues are non-recourse. I hold 2 issues (7.75% & 7.00%). Does anyone know which are non-recourse?

Any unsecured bond is non-recourse. Non-recourse simply means the obligation does not grant a security interest in title to some property. Likely your bonds are/were non-recourse.

- Joel
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