High Yield Municipal Bonds definition

High Yield Municipal Bonds means (a) with respect to Moody's (1) Municipal Bonds rated Ba1 to B3 by Moody's, (2) Municipal Bonds not rated by Moody's, but rated BB+ to B- by S&P or Fitch, and (3) Municipal Bonds not explicitly rated by Moody's, S&P or Fitch, but rated at least the equivalent of B3 internally by the Adviser, provided that Moody's reviews and achieves sufficient comfort with the Adviser's internal credit rating processes, and (b) with respect to S&P (1) Municipal Bonds not rated by S&P but rated equivalent to BBB+ or lower by another NRSRO and (2) Municipal Bonds rated BB+ or lower by S&P.
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High Yield Municipal Bonds means (a) with respect to Moody’s (1) Municipal Bonds rated Ba1 to B3 by Moody’s, (2) Municipal Bonds not rated by Moody’s, but rated BB+ to B- by S&P or Fitch, and (3) Municipal Bonds not explicitly rated by Moody’s, S&P or Fitch, but rated at least the equivalent of B3 internally by the Adviser, provided that Moody’s reviews and achieves sufficient comfort with the Adviser’s internal credit rating processes, and (b) with respect to S&P (1) Municipal Bonds not rated by S&P but rated equivalent to BBB+ or lower by another NRSRO and (2) Municipal Bonds rated BB+ or lower by S&P.
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High Yield Municipal Bonds means (a) with respect to Moody's (1) New York Municipal Bonds rated Ba1 to B3 by Moody's, (2) New York Municipal Bonds not rated by Moody's, but rated BBB-, BBB, or BBB+ by S&P, and (3) New York Municipal Bonds not explicitly rated by Moody's or S&P, but rated at least the equivalent of B internally by the Adviser, provided that Moody's reviews and achieves sufficient comfort with the Adviser's internal credit rating processes, and (b) with respect to S&P (1) New York Municipal Bonds and Municipal Bonds not rated by S&P but rated
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More Definitions of High Yield Municipal Bonds

High Yield Municipal Bonds means (a) with respect to Moody’s (1) New Jersey Municipal Bonds and Municipal Bonds rated Ba1 to B3 by Moody’s, (2) New Jersey Municipal Bonds and Municipal Bonds not rated by Moody’s, but rated BB+ to B- by S&P or Fitch, and (3) New Jersey Municipal Bonds and Municipal Bonds not explicitly rated by Moody’s, S&P or Fitch, but rated at least the equivalent of B3 internally by the Adviser, provided that Moody’s reviews and achieves sufficient comfort with the Adviser’s internal credit rating processes, and (b) with respect to S&P (1) New Jersey Municipal Bonds not rated by S&P but rated equivalent to BBB+ or lower by another NRSRO and (2) New Jersey Municipal Bonds rated BB+ or lower by S&P.
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High Yield Municipal Bonds means (a) with respect to Moody's (1) California Municipal Bonds and Municipal Bonds rated Ba1 to B3 by Moody's, (2) California Municipal Bonds and Municipal Bonds not rated by Moody's, but rated BB+ to B- by S&P or Fitch, and (3)
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High Yield Municipal Bonds means (a) with respect to Moody's (1) Municipal Bonds rated Ba1 or lower by Moody's, (2) Municipal Bonds not rated by Moody's, but rated BB+ or lower by S&P or Fitch, and (3) Municipal Bonds not explicitly rated by Moody's, S&P or Fitch, and (b) with respect to S&P (1) Municipal Bonds not rated by S&P but rated equivalent to BBB or lower by another NRSRO, (2) Municipal Bonds rated BB+ or lower by S&P, and (3) Municipal Bonds not explicitly rated by S&P or another NRSRO.
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High Yield Municipal Bonds means (a) with respect to Moody's (1) California Municipal Bonds and Municipal Bonds rated Ba1 to B3 by Moody's, (2) California Municipal
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High Yield Municipal Bonds means (a) with respect to Moody's (1) Arizona Municipal Bonds and Municipal Bonds rated Ba1 to B3 by Moody's, (2) Arizona Municipal Bonds and Municipal Bonds not rated by Moody's, but rated BB+ to B- by S&P or Fitch, and (3) Arizona
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High Yield Municipal Bonds means (a) with respect to Moody's (1) Pennsylvania Municipal Bonds and Municipal Bonds rated Ba1 to B3 by Moody's, (2) Pennsylvania Municipal Bonds and Municipal Bonds not rated by Moody's, but rated BB+ to B- by S&P or Fitch, and (3) Pennsylvania Municipal Bonds and Municipal Bonds not explicitly rated by Moody's, S&P or Fitch, but rated at least the equivalent of B3 internally by the Adviser, provided that Moody's reviews and achieves sufficient comfort with the Adviser's internal credit rating processes, and (b) with respect to S&P (1) Pennsylvania Municipal Bonds not rated by S&P but rated equivalent to
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Related to High Yield Municipal Bonds

  • Municipal Bonds means "Municipal Bonds" as defined in the Corporation's Registration Statement on Form N-2 (File No. 333-_____) relating to the AMPS on file with the Securities and Exchange Commission, as such Registration Statement may be amended from time to time, as well as short-term municipal obligations.

  • Municipal bond means a bond or evidence of indebtedness issued by a municipality or other political subdivision of a state.

  • High Yield Securities means debt Securities and Preferred Stock, in each case (a) issued by public or private issuers, (b) issued pursuant to an effective registration statement or pursuant to Rule 144A under the Securities Act (or any successor provision thereunder) or other exemption to the Securities Act and (c) that are not Cash Equivalents, Mezzanine Investments or Bank Loans.

  • High Yield Notes means the Senior Notes and Senior Subordinated Notes.

  • School Bonds means School Obligations issued as Bonds.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • Senior Unsecured Notes means $2,000,000,000 in aggregate principal amount of the Borrower’s 9.000% senior notes due 2025 issued pursuant to the Senior Unsecured Notes Indenture on the Closing Date.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Equipment Notes means, at any time, the Series A Equipment Notes, the Series B Equipment Notes and the Series C Equipment Notes, collectively, and in each case, any Equipment Notes issued in exchange therefor or replacement thereof pursuant to the terms of the Indentures.

  • Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B Bonds.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • Senior Secured Notes Documents means the Senior Secured Notes Indenture, the Senior Secured Notes Guarantees, the Senior Secured Notes, the Intercreditor Arrangements, any supplemental indenture, any security document relating to the Senior Secured Notes and/or the Senior Secured Notes Indenture and any other document that may be entered into pursuant to any of the foregoing.

  • Unsecured Notes means the Borrower’s $700,000,000 10.75% Senior Notes due 2023 issued pursuant to the Unsecured Notes Indenture dated as of July 31, 2015.

  • Series 2017 Bonds means, collectively, the Series 2017A Bonds and the Series 2017B Bonds.

  • Commercial Paper Notes means short-term promissory notes issued or to be issued by a Conduit Purchaser to fund its investments in accounts receivable or other financial assets.

  • Senior Notes Documents means the Senior Notes, the Senior Notes Indenture, the Senior Notes Guarantees and all other documents executed and delivered with respect to the Senior Notes or the Senior Notes Indenture.

  • Secured Notes means those 7.625% Senior Secured Notes due 2021 issued by the Borrower pursuant to the Secured Notes Indenture.

  • Outstanding Bonds means any Bonds not redeemed or otherwise discharged.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Asset Backed Notes (the "Class A-2 Notes"), Class A-3 4.30% Asset Backed Notes (the "Class A-3 Notes"), Class A-4 4.36% Asset Backed Notes (the "Class A-4 Notes" and, together with the Class A-1 Notes, the Class A-2 Notes and the Class A-3 Notes, the "Class A Notes"), Class B 4.52% Asset Backed Notes (the "Class B Notes"), Class C 4.72% Asset Backed Notes (the "Class C Notes") and Class D 6.76% Asset Backed Notes (the "Class D Notes" and, together with the Class A Notes, the Class B Notes and the Class C Notes, the "Notes"), are issued under the Indenture, to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights and obligations thereunder of the Issuer, the Indenture Trustee and the Noteholders. The Notes are subject to all terms of the Indenture. The Class A-1 Notes are and will be equally and ratably secured by the collateral pledged as security therefor as provided in the Indenture. Interest on and principal of the Notes will be payable in accordance with the priority of payments set forth in Section 8.2 of the Indenture.

  • 2028 Notes means the Borrower’s $650,000,000 aggregate principal amount notes due June 13, 2028, issued in June 2023 and July 2023.

  • Series AA Equipment Notes means Equipment Notes issued and designated as “Series AA Equipment Notes” under the Indenture, in the original principal amount and maturities as specified in Schedule I to the Indenture under the heading “Series AA Equipment Notes” and bearing interest at the Debt Rate for Series AA Equipment Notes specified in Schedule I to the Indenture.

  • 2014 Notes means the aggregate principal amount of US$399,517,000 of 10.25% Guaranteed Senior Notes Due 2014 issued pursuant to the 2014 Note Indenture.

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • Initial Bonds means the Bonds issued on the First Issue Date.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.