The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Bonds & Fixed Income Investments


Subject:  Re: Any updates on Edison Mission Energy bonds? Date:  10/25/2013  6:41 PM
Author:  joelcorley Number:  35080 of 36785


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
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us