Sort by: Date added | Date Published | Most Viewed

Headlines Tagged with Bonds 1,540 headlines found

9 Views

[Rhode Island] RI's $594M Tobacco Revenue Bonds Survive Oppenheimer Suit

A Rhode Island state judge has shot down a challenge to a $594 million bond issue, saying the state's plan to sell the tobacco revenue bonds isn't unfair to OppenheimerFunds Inc. because the payouts on 2007 bonds don't constitute impermissible “amendments
Law360
added Jan 20, 2015 22:30
9 Views

VIDEO: E-cigs vs. tobacco: Here’s where to find value, pro says

don't count big tobacco out, one investment pro said. In fact, he thinks it's the perfect time to jump into tobacco stocks, and he wouldn't count the bonds out either. "Big tobacco is not in denial on e-cigs," Lee Munson, chief investment officer of Por
CNBC
added Jun 24, 2014 17:58
8 Views

Market receives smoke signals for BAT jumbo bond

One of the most highly anticipated M&A deals of the year, BAT is potentially eyeing a jumbo multi-currency offering for launch at the end of July, according to a banker familiar with the matter. "BAT is readying docs. It has shareholder meetings and ear
Reuters
added Jul 7, 2017 14:51
8 Views

Kansas House committee considers selling off tobacco assets to help fix budget deficit

The House budget committee scrutinized a measure Thursday that would sell bonds backed by tobacco litigation settlements to help fill the next two years’ projected $900 million dollar deficit. (Thad Allton/The Capital-Journal) Eric Stafford, vice presid
Topeka (KS) Capital-Journal
added Jun 2, 2017 03:32
8 Views

Moody's downgrades Puerto Rico's Children's Trust Tobacco Settlement Bonds, Series 2002

The rating action reflects the uncertainty surrounding future actions of the Puerto Rican government with respect to payments due on the bonds in this transaction.
Moody's Investors Service
added May 12, 2016 03:48
8 Views

[Kansas] Brownback raised tobacco bond idea with GOP leaders in early March after revenue collapse

Gov. Sam Brownback met with House and Senate leaders one day after February tax revenue fell $53 million below expectations to discuss leveraging the state’s share of tobacco litigation settlement funds to supplement the beleaguered state treasury, sourc
Topeka (KS) Capital-Journal
added Mar 13, 2016 11:32
8 Views

Buying Cigarettes With Gas Money Keeps Tobacco-Bond Rally Aflame

Tobacco securities, which are repaid from legal-settlement money that states and localities receive from cigarette companies, have been a top-performer over the past two years. That’s because -- for the first time in a decade -- Americans aren’t giving u
Bloomberg News
added Mar 4, 2016 17:04
8 Views

Fitch Maintains 14 New York Tobacco Settlement ABS Tranches on Rating Watch

in connection with an ongoing and comprehensive portfolio review of the entire Fitch-rated universe of tobacco bonds. Fitch has completed or nearly completed the review of transactions from other jurisdictions and will concentrate on the New York portfol
Business Wire
added Feb 2, 2016 23:46
8 Views

New York Gets $550 Million in Tobacco Deal ($$)

An agreement ending a decadelong dispute between New York and major tobacco companies will deliver $550 million to the state, New York City and other counties, Attorney General Eric Schneiderman is expected to announce on Tuesday.
The Wall Street Journal Interactive Edition
added Oct 20, 2015 12:10
8 Views

[Louisiana] Kink in plan to sell tobacco settlement

Lt. Gov. Jay Dardenne on Thursday threw a crimp into the Jindal administration’s plan to sell the remaining portion of the tobacco settlement monies by recalling that the state’s voters nine years ago overwhelmingly approved a constitutional amendment th
Baton Rouge (LA) Advocate
added Mar 20, 2015 13:06
Sign up for daily headlines All Headlines Featured Headlines U.S. Headlines International Headlines