Headlines Tagged with Bonds — 1,535 headlines found
A California private equity firm was hit Wednesday with a lawsuit in New Jersey federal court over an alleged failure to pay commission to a private mortgage broker as part of a $146 million purchase of tobacco escrow fund assets in 2010.
Jan 21, 2016 Law360
added Jan 24, 2016 00:38
The updated criteria discloses the assumptions Fitch uses in its cash flow model, which incorporate break-even rates for possible declines of the master settlement agreement (MSA) payment amount. Fitch's starting point in the break-even analysis is the m
Oct 5, 2015 Business Wire
added Oct 6, 2015 12:28
Oppenheimer Funds is looking over a judge's dismissal of its challenge to Rhode Island's plan to sell nearly $600 million in tobacco-settlement bonds.
Jan 20, 2015 Bond Buyer Online
added Jan 20, 2015 22:32
States and localities got cash up front but may end up paying back a lot more than they expected.
Aug 18, 2014 ProPublica
added Oct 30, 2014 20:30
Users can see how interest rates and declining cigarette sales affect the bottom line for counties that borrowed against income from the landmark tobacco settlement.
Oct 23, 2014 ProPublica
added Oct 30, 2014 20:25
The only people making money on these bonds are investment bankers who fooled state politicians into believing that ready money in their state coffers now was more important than any future consequences...all together, the states will spend just 1.9 perce
Oct 7, 2014 New York Times
added Oct 7, 2014 16:16
Managers of two of the largest high-yield municipal funds see a buying opportunity in tobacco securities even as more of the bonds are projected to default. The obligations, issued by state and city agencies and backed by funds from tobacco companies, a
Sep 24, 2014 Bloomberg News
added Sep 27, 2014 14:46
Some of the deals included a form of high-risk debt, capital appreciation bonds, which obligated governments to pay out billions of their tobacco income in the future.
Aug 7, 2014 ProPublica
added Aug 8, 2014 11:50
Rieger said that investors are mainly interested in tobacco bonds because they offer high-yields in a market where lack of supply has driven down municipal bond yields. Muni supply for 2014 totaled $89.34 billion as of April 30, compared to $122.7 billio
May 8, 2014 Bond Buyer Online
added May 9, 2014 15:51
If Proposition 29, which would increase the state tax on cigarettes by $1 a pack, manages to eke out a come-from-behind win in late ballot counting, it could pose another blow to bonds backed by revenues states are receiving from tobacco companies.
Jun 21, 2012 San Francisco Chronicle
added Jun 21, 2012 16:58