Sort by: Date added | Date Published | Most Viewed

Headlines Tagged with Bonds 1,534 headlines found

18 Views

Fitch Withdraws All Ratings Assigned to U.S. Tobacco ABS

Fitch Ratings withdraws all ratings assigned to U.S. tobacco settlement asset-backed securities and has retired the criteria titled 'U.S. Tobacco Settlement ABS Criteria'...the individual, custom modifications (by several participants) to material calcula
Business Wire
added Jun 15, 2016 21:50
15 Views

Tobacco Bond Risks Grow; Fitch Loses Confidence, Pulls Ratings

Fitch’s action hasn’t dented the strong performance of tobacco bond index, up 4% in the past month alone. Nonetheless, Eaton Vance’s Cynthia Clemson writes in a Wednesday blog post that Fitch’s decision highlights risks in the popular securities.
Barron's Blogs
added May 19, 2016 21:34
12 Views

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
7 Views

Moody's downgrades Puerto Rico's Children's Trust Tobacco Settlement Bonds, Series 2002

The rating action reflects the uncertainty surrounding future actions of the Puerto Rican government with respect to payments due on the bonds in this transaction.
Moody's Investors Service
added May 12, 2016 03:48
11 Views

High-Yield Funds With Cash to Burn Chase Tobacco Bonds' 51% Gain

American smokers, who have extra money after filling their gas tanks. The two groups, each in their own way, are driving a rally in the $34 billion tobacco-bond market that’s outpacing just about every other investment. High-yield tobacco securities have
Bloomberg News
added May 9, 2016 22:17
15 Views

Could Tobacco Money Help Ease Kansas's Woes?

This could make a lot of sense, because cigarette sales have been declining for years. 19 other states have already done enacted the plan.
High Plains Public Radio (HPPR)
added Apr 26, 2016 20:16
10 Views

Puerto Rico Tobacco Bonds Cut to Junk by S&P on Debt Moratorium

Puerto Rico tobacco bonds issued by Children’s Trust were cut to junk by Standard & Poor’s because of the agency’s inclusion in the island’s debt moratorium law. Securities maturing in 2033 and 2039 had their ratings cut three and two steps, respectively
Bloomberg News
added Apr 26, 2016 16:15
4 Views

Children’s Advocate Opposes Kansas Tobacco Settlement Proposal

The head of a Kansas advocacy group opposes a plan to sell off part of a tobacco lawsuit settlement. The annual payments from the settlement fund children’s programs. The proposal from Gov. Sam Brownback would sell off part of the payments in exchange f
KMUW 89.1 Wichita (KS) Public Radio
added Apr 22, 2016 19:33
3 Views

Puerto Rico Sets Sights on Tobacco Bonds in Long-Shot Money Grab

As Puerto Rico tries to cut its $70 billion of debt, investors are learning nothing is off-limits, with even constitutionally guaranteed general obligations staring down losses. While Governor Alejandro Garcia Padilla has yet to halt any payments -- and
Bloomberg News
added Apr 20, 2016 15:03
17 Views

BRIEF-Japan Tobacco: to issue $750 million in US-denominated 5-yr bonds

Reuters
added Apr 8, 2016 04:43
Sign up for daily headlines All Headlines Featured Headlines U.S. Headlines International Headlines