Headlines Tagged with Bonds — 1,540 headlines found
A series of big tobacco bond refundings is reshaping the U.S. municipal junk bond market, taking what has been a high-yielding staple and slowly turning it investment grade. Shelves full of cigarettes are pictured at a store in the Manhattan borough of
May 2, 2018 Reuters
added May 9, 2018 14:06
Ahrens Ina 2D16-1651 Pinellas 14-005826-CI 106477746 RJ Reynolds Tobacco Co. / Ahrens Ina 2D16-1652 Pinellas 14-005826-CI 106479145 Philip Morris USA Inc.
Apr 21, 2018 Supreme Court of Florida
added May 9, 2018 00:01
Apr 2, 2018 Reuters
added Apr 2, 2018 22:38
New Jersey will sell $3.2 billion of tobacco refunding bonds on April 4 in a deal that effectively strips the debt of its junk rating and elevates it to investment grade. The deal, the largest of next week’s $8 billion of U.S. municipal bond and note sal
Mar 29, 2018 Reuters
added Mar 30, 2018 16:08
High-yield municipal bonds backed by legal-settlement payments from tobacco companies have returned 20.4 percent this year, more than the S&P 500 index. Don’t expect a repeat in 2018.
Dec 14, 2017 Bloomberg News
added Dec 18, 2017 16:02
will boost revenues in part by ... securitizing expected funding from tobacco companies for healthcare costs. That money comes from big tobacco companies that agreed in a 1998 settlement with U.S. states to help cover medical costs associated with smokin
Oct 30, 2017 Reuters
added Oct 31, 2017 02:01
Dreyfus Corp.’s $170 million high-yield municipal-bond fund is beating bigger and better-known competitors by riding a rebound in tobacco bonds while avoiding pitfalls such as Puerto Rico debt.
Oct 3, 2017 Bloomberg News
added Oct 4, 2017 01:19
But tax-averse Republicans in the House balked and did not pass their own bill until Wednesday night. It proposes no new taxes but would raise about $1 billion by selling a portion of the funding stream from the 1998 tobacco settlement, in which tobacco
Sep 14, 2017 Reuters
added Sep 15, 2017 01:19
In 1994, when I was hired by the West Virginia Tobacco Control Program... We would still be receiving that $70 million today, until 2023, if we had not sold out. Which brings me to another sad piece of news. West Virginia’s Tobacco Prevention Program, w
Aug 13, 2017 Charleston (WV) Sunday Gazette-Mail
added Sep 1, 2017 01:02
discusses public pensions boosted from equity markets, and Puerto Rico: tobacco and housing bonds may avoid restructuring.
Aug 11, 2017 Bloomberg News
added Aug 11, 2017 18:10