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Headlines Tagged with Bonds 1,540 headlines found

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[California] Fitch Corrects 2014 U.S. Tobacco Portfolio Review Spreadsheet

has revised the 2014 U.S. Tobacco portfolio review spreadsheet originally published on Aug. 8, 2014. The revision was required to correct inaccurate descriptions of the prior Rating Watch/Outlook status of two series of bonds issued by the California Coun
Business Wire
added Jan 30, 2015 12:09
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Rhode Island Plans to Sell Tobacco-Backed Bonds Within Six Weeks

Rhode Island plans to put its tobacco-backed bond deal back on the calendar within six weeks after a lawsuit delayed it for five months, according to Citigroup Inc., the lead manager on the sale.
Bloomberg News
added Jan 20, 2015 22:30
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California Helps Wall Street Pocket 44% of Landmark Tobacco Settlement

The original agreement made no stipulation how the money would be spent and ProPublica found that the most common use nationally was to pay off old debts. Tobacco bonds are very popular on Wall Street, regarded as much for their uncertainties as their h
AllGov.com
added Sep 19, 2014 20:25
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Rhode Island Refunds Tobacco Bonds as Rally Sputters: Muni Deal

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
Bloomberg News
added Aug 4, 2014 04:36
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[Louisiana] Tobacco bond refinance savings halved due to rising interest rates

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
New Orleans (LA) Times Picayune
added Jun 27, 2013 12:26
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Tobacco Bonds Rally After Cigarette Makers Release $4 Billion

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.
Bloomberg News
added Dec 20, 2012 01:59
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4 Firms Guide British Tobacco Giant's Massive $17.25B Bond

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.
Law360
added Aug 10, 2017 03:38
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[New Jersey] Editorial: No surprise cigarette sales rise in Jersey

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
Hackensack (NJ) Record/Herald News
added May 31, 2017 00:00
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Fitch Affirms New Jersey EDA's Cigarette Tax Rev Bonds at 'BBB+'; Outlook Stable

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.
Business Wire
added Mar 2, 2016 23:33
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Fitch Places Various Tranches of Tobacco ABS on Rating Watch on Changes and Possible Input Errors

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
Business Wire
added Dec 1, 2015 01:15
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