Headlines Tagged with Bonds — 1,536 headlines found
Rhode Island is selling $594 million in debt backed by tobacco-company payments as the segment is losing some luster while it beats the $3.7 trillion municipal market this year. The state’s Tobacco Settlement Financing Corp. is refunding securities this
Aug 3, 2014 Bloomberg News
added Aug 4, 2014 04:36
State Treasurer John Kennedy, shown here in November 2008, is urging the administration to delay a major tobacco settlement bond refinancing until financial markets are in a more favorable position
Jun 27, 2013 New Orleans (LA) Times Picayune
added Jun 27, 2013 12:26
Tobacco bonds issued by U.S. states are gaining after Philip Morris USA (PM) and other cigarette makers said they would distribute to 17 states $4 billion in payments previously withheld from a 1998 settlement.
Dec 19, 2012 Bloomberg News
added Dec 20, 2012 01:59
announced an eight-part, $17.25 billion bond offering on Wednesday, the year's second-largest corporate debt sale, being steered by four law firms, to help fund its blockbuster $49.4 billion acquisition of U.S. rival Reynolds American Inc.
Aug 9, 2017 Law360
added Aug 10, 2017 03:38
Big Tobacco made billions of dollars getting people hooked. It had to pay a relatively small amount – $200 billion – in restitution to settle a massive class-action lawsuit. New Jersey didn’t use any of that money to help curb the spread of smoking. New
May 30, 2017 Hackensack (NJ) Record/Herald News
added May 31, 2017 00:00
affirmed the 'BBB+' rating on the New Jersey Economic Development Authority's cigarette tax revenue refunding bonds, series 2012, outstanding in the amount of approximately $798.1 million. The Rating Outlook is Stable.
Mar 2, 2016 Business Wire
added Mar 2, 2016 23:33
Fitch Ratings has placed 49 tranches of tobacco settlement asset-backed securities (ABS) on Rating Watch and revised two from Rating Watch Negative to Rating Watch Evolving in connection with an ongoing and comprehensive review of its entire tobacco settl
Nov 30, 2015 Business Wire
added Dec 1, 2015 01:15
Fitch Ratings has completed its annual review of tobacco ABS ratings accounting for the amount of Master Settlement Agreement (MSA) payment received by each trust in 2015. For 2015, the aggregate MSA payment was 0.36% higher than the amount 2014.
Sep 21, 2015 Business Wire
added Sep 23, 2015 13:40
Citigroup boasted to Kansas officials of its expertise in tobacco securitization, documents show, as child advocates charge Gov. Sam Brownback’s administration is pursuing a sale of future tobacco settlement payments to help close the budget deficit.
Mar 11, 2016 Topeka (KS) Capital-Journal
added Mar 11, 2016 23:02
"We're about to plunder our last savings account by selling the remaining portion of the tobacco settlement and spending the money. Even worse, we're going to ignore state law and steer millions of dollars in fees to a group of people handpicked by the D
Apr 1, 2015 Bayou Buzz
added Apr 1, 2015 19:25