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Tobacco bonds will result in $8.3M for Guam health care  

Jump to full article: Pacific Daily News (gu), 2007-12-13

Intro:

Gov. Felix Camacho yesterday signed the documents necessary to close the Guam Economic Development and Commerce Authority Tobacco Settlement Asset-Backed Bonds Series 2007, according to a news release from the governor's office.

"We are very pleased with the response we have gotten on the tobacco bonds," Camacho said. "My administration worked closely with our financial advisors and underwriters to ensure that we could get the maximum yield for the people of Guam."

The bonds were issued to refund outstanding 2001 Tobacco Settlement Asset-Backed Bonds

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