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Headlines Tagged with Bonds 1,540 headlines found

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Fitch Completes U.S. Tobacco ABS Portfolio Review

has completed its annual review of U.S. 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 in 2014.
Business Wire
added Aug 7, 2015 20:04
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Tobacco settlement sale has little traction among Louisiana legislators

iana House members have shown little appetite for the administration’s plan to sell the remainder of what the tobacco companies owe. The House has not moved legislation that would allow the administration to cash in the remaining years of annual payments
Baton Rouge (LA) Advocate
added May 27, 2015 02:30
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[Rhode Island] R.I. wins tobacco-bond lawsuit

Rhode Island defeated a legal challenge from OppenheimerFunds Inc. to its plan to sell $594 million of debt backed by payments from tobacco companies that agreed in 1998 to reimburse states for expenses associated with smoking-related illnesses.
Providence (RI) Journal-Bulletin
added Jan 19, 2015 09:54
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[Oklahoma] EDITORIAL: A wise state investment

Oklahoma’s use of the Master Settlement funds from the 1996 tobacco lawsuit is a model for use in future trust fund cases. Unlike other states, Oklahoma did not take a one-time payment. The state chose to receive the money over several years, and to date
Norman (OK) Transcript
added Apr 19, 2013 12:53
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[Minnesota] MN completes refinancing of tobacco bonds

ST. PAUL, Minn. (AP) -- Minnesota has completed the refinancing of tobacco revenue bonds after the state Supreme Court ruled the move is constitutional. Minnesota Management and Budget said Thursday the state sold $656 million in state appropriation bon
AP - Associated Press
added Nov 16, 2012 18:54
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Dreyfus Bet on Tobacco Bonds Pays Off With Top Muni Fund Returns

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.
Bloomberg News
added Oct 4, 2017 01:19
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BAT Plans One of 2017's Biggest Bond Deals

is coming to market with what might be the bond biggest deal of the year to refinance its buyout of Reynolds American Inc.
Bloomberg News
added Aug 8, 2017 15:26
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U.S. tobacco bond market shrugs off Fitch move to ditch ratings

Moody's Investors Service and Standard & Poor's still rate tobacco bonds. "I think that perhaps it just doesn't fit their process," said John Miller, co-head of fixed income for Nuveen Asset Management, regarding Fitch's action. "I'm a little bit surpri
Reuters
added May 18, 2016 16:43
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[New York] Fitch Takes Various Actions on Tobacco Settlement ABS

The rating actions described below consider: Fitch's new U.S. Tobacco Settlement ABS Criteria dated Oct. 5, 2015, a deviation from that criteria, updated and clarified data, model refinements, and enhancements to Fitch's rating analysis, particularly as t
Business Wire
added Feb 3, 2016 22:36
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[Rhode Island] Up in Smoke: RI Tobacco Is Day-to-Day

Rhode Island's Tobacco deal has been put on day to day status by Citigroup following a lawsuit from two Oppenheimer Rochester funds.
Bond Buyer Online
added Aug 6, 2014 01:03
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