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Headlines Tagged with Bonds 1,540 headlines found


[Illinois] CAPITOL FACTS: Who won? The cigarette makers

... It passed last week after the trial lawyers were given a neat little plumb that guaranteed them higher contingency fees on big medical malpractice cases.
Ottawa (IL) Daily Times
added Jan 9, 2013 11:49

Tobacco Appeal Bonds - The Florida Supreme Court Clerk's Office

During the 2009 Legislative Session, the Legislature passed a bill (SB 2198) relating to the posting of security with regard to judgments against tobacco companies that were participants in the settlement of the State's case
Supreme Court of Florida
added Sep 6, 2012 06:06

[Samoa] ASG assumed responsibility to repay fed tobacco loan

Since the year 1999, American Samoa's share of the multi billion dollar national Tobacco Master Settlement Agreement (MSA) has reached more than $17 million, according to a follow up report by local consultant Bryan M. Jackson, who conducted the August 2
Samoa News
added Aug 12, 2012 18:26

Rhode Island settles in principle with tobacco companies in MSA dispute

As a result of Kilmartin’s recent settlement, Rhode Island will receive $10 million this fiscal year and the state’s tobacco bondholders will receive $40 million. "Not only does this settlement resolve significant risk for both the bond holders and t
Legal NewsLine
added Apr 9, 2017 19:52

Fitch Withdraws All Ratings Assigned to U.S. Tobacco ABS

Fitch Ratings withdraws all ratings assigned to U.S. tobacco settlement asset-backed securities and has retired the criteria titled 'U.S. Tobacco Settlement ABS Criteria'...the individual, custom modifications (by several participants) to material calcula
Business Wire
added Jun 15, 2016 21:50

Americans Are Smoking Again, a Boon for Municipal Tobacco Bonds

Americans are boosting spending on cigarettes for the first time in almost a decade.’s fueling a rally in one of the riskiest corners of the municipal-bond market. High-yield tobacco bonds, which are repaid from legal-settlement money that state and
Bloomberg News
added Oct 6, 2015 21:41

Muni Tobacco Bonds Rally as Buyers Swoop in After Trump Selloff

State and local government tobacco-settlement bonds are bouncing back from the drubbing they took in November as investors pick up the debt on the cheap and cigarette consumption declines remain moderate.
Bloomberg News
added Feb 3, 2017 19:17

BRIEF-Japan Tobacco: to issue $750 million in US-denominated 5-yr bonds

added Apr 8, 2016 04:43

Tobacco-backed muni bonds are high-yielding winners

High-yield tobacco debt has surged 5.2 percent this year, more than any other area of munis and beating the entire market’s 1.6 percent return, Barclays data show.
Bloomberg News
added Feb 8, 2015 18:10

Rhode Island likely saves close to $1B thanks to ruling on bonds case

thanks to the outcome of a Tobacco Settlement Financing Corporation (TSFC) bonds case. The savings came after a Rhode Island Superior Court judge last month ruled in favor of the TSFC over the issuing of about $600 million in tobacco bonds.
Inside Counsel
added Feb 5, 2015 06:08
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