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Headlines Tagged with Bonds 1,534 headlines found

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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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[Louisiana] Savings estimates drop for tobacco bond refinance

Gov. Bobby Jindal's plan to refinance Louisiana's tobacco settlement bonds has run into snags because changing financial market conditions have sharply reduced the estimates of how much money Louisiana can get through the deal. When lawmakers and other s
AP - Associated Press
added Jun 27, 2013 12:15
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[Louisiana] Legislators agree to refinance La.’s tobacco bonds

Louisiana legislators agreed Wednesday to the governor’s plan of refinancing the state’s tobacco settlement and using the savings to plug holes in the state budget.
Baton Rouge (LA) Advocate
added May 30, 2013 19:16
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[Louisiana] Legislators agree to refinance La.’s tobacco bonds

Louisiana legislators agreed Wednesday to the governor’s plan of refinancing the state’s tobacco settlement and using the savings to plug holes in the state budget.
Baton Rouge (LA) Advocate
added May 30, 2013 19:16
31 Views

California mulls $2 tax for cigarettes, risk for tobacco bonds

California's anti-smoking advocates are asking their legislature to back a $2 state tax hike on cigarettes - double the increase voters rejected last year - on the heels of President Barack Obama's urging a federal cigarette tax increase earlier this mont
Reuters
added Apr 22, 2013 20:14
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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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California Tobacco Bond Sale a Hit With Investors

California on Tuesday had little trouble selling $380 million in municipal bonds backed by revenue from tobacco companies, even as litigation deepens over a payment dispute related to the companies' lost market share.
The Wall Street Journal Interactive Edition
added Apr 2, 2013 19:40
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Philip Morris Borrowing Costs Climb After Russia Bans Public Smoking | Fox Business

Bond investors demanded a higher yield from Philip Morris International Inc. (PM) Tuesday than the cigarette maker was granted last summer, as rising interest rates and questions about overseas tobacco sales weighed on its debt sale.
Dow Jones Newswires
added Feb 27, 2013 00:37
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[New York] Breakable bonds leave city a winner in smoking slowdown

But Newman, the former deputy comptroller, doesn’t see it that way. While emphasizing that a potential default was still a long way off, he said that the city needs to keep in mind what investors will think the next time it goes to the market with a bon
New York World (Columbia University Graduate School of Journalism)
added Feb 6, 2013 20:57
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[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
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