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Headlines Tagged with Bonds 1,534 headlines found

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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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BAT hires for multi-currency, multi-tranche bond deal

will hold investor calls for a potential multi-tranche US dollar, euro-denominated and/or sterling-denominated senior unsecured transaction from Monday August 7.
Reuters
added Aug 4, 2017 15:20
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UPDATE 2-BAT to face further scrutiny for jumbo M&A bond sale

Investors will try to exert pricing pressure... But investors are weighing up how much of a premium BAT will need to pay following a string of negative headlines over the last week. The company was slated to issue the bonds at the end of July, sources to
Reuters
added Aug 4, 2017 15:16
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[Africa, UK] BAT delivered fresh blow to scupper bond plans

plans for a jumbo multi-currency debt sale, expected this week, have likely been scuppered after the company suffered a fresh blow of corruption allegations on Tuesday. The company and its subsidiaries are being investigated for corruption by Britain's S
Reuters
added Aug 1, 2017 17:09
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Tobacco bond prices weaker after U.S. proposes cigarette nicotine cut

In response the S&P Municipal Bond Tobacco Total Return Index, a broad measure of tobacco settlement bond sector performance which also includes some investment-grade paper, fell 0.71 percent on Friday
NASDAQ
added Jul 29, 2017 13:18
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Tobacco Bondholders Shrug Off FDA News While Cigarette Stocks Are Hit Hard

Judging by the reaction in the corporate and municipal bond markets, the chances that cash flows will be interrupted seem relatively thin -- at least for now. There were only a handful of trades on Friday in the $86.5 billion market for debt backed by p
Bloomberg News
added Jul 28, 2017 20:45
8 Views

Market receives smoke signals for BAT jumbo bond

One of the most highly anticipated M&A deals of the year, BAT is potentially eyeing a jumbo multi-currency offering for launch at the end of July, according to a banker familiar with the matter. "BAT is readying docs. It has shareholder meetings and ear
Reuters
added Jul 7, 2017 14:51
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Pennsylvania lawmakers pass spending plan but no revenue package

In order to close the gap, the state is considering borrowing $1 billion, to be repaid with money U.S. states still receive every year from their 1998 legal settlement with tobacco companies for health expenses.
Reuters
added Jul 1, 2017 17:45
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[Kansas] House panel considering using tobacco settlements to fill budget gap

The House budget committee scrutinized a measure Thursday selling bonds backed by tobacco litigation settlements to help fill the next two fiscal years’ projected $900 million deficit. Gov. Sam Brownback floated a similar proposal in the 2016 legislative
Garden City (KS) Telegram
added Jun 2, 2017 17:54
8 Views

Kansas House committee considers selling off tobacco assets to help fix budget deficit

The House budget committee scrutinized a measure Thursday that would sell bonds backed by tobacco litigation settlements to help fill the next two years’ projected $900 million dollar deficit. (Thad Allton/The Capital-Journal) Eric Stafford, vice presid
Topeka (KS) Capital-Journal
added Jun 2, 2017 03:32
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