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Headlines Tagged with Bonds 1,535 headlines found

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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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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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E-cigarettes could stub out tobacco bonds sooner than thought

as smokers swap traditional cigarettes for tobacco-free e-cigarettes and other vaping products, the smoking rate is declining even faster and analysts now predict some bonds could go into default before the end of this decade.
Reuters
added Jun 24, 2014 10:39
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Gross's Tobacco Bond Gain Shows Default Risk Defied: Muni Credit

High-yield tobacco debt issued by states and cities has soared 16.3 percent in 2014, beating all parts of the municipal market, Barclays Plc data show. Yields at 11-month lows are sparking demand for the junk-rated assets even as Moody’s Investors Servic
Bloomberg News
added May 20, 2014 12:57
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CORRECTED-US states welcome tobacco settlement, bond woes remain

A recent deal with tobacco companies will distribute money to 17 states that has been tied up for years, but the funds may only provide short-term relief to underfunded tobacco bonds.
Reuters
added Dec 21, 2012 08:24
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[New York] A New Flavor of Tobacco Bonds ($$)

The Wall Street Journal Interactive Edition
added Mar 17, 2012 00:00
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