Headlines Tagged with Bonds — 1,534 headlines found
has completed its annual review of U.S. tobacco ABS ratings accounting for the amount of Master Settlement Agreement (MSA) payment received by each trust in 2015. For 2015, the aggregate MSA payment was 0.36% higher than the amount in 2014.
Aug 6, 2015 Business Wire
added Aug 7, 2015 20:04
iana House members have shown little appetite for the administration’s plan to sell the remainder of what the tobacco companies owe. The House has not moved legislation that would allow the administration to cash in the remaining years of annual payments
May 26, 2015 Baton Rouge (LA) Advocate
added May 27, 2015 02:30
[Louisiana] Bobby Jindal’s tobacco settlement sale proposal hits resistance from Treasurer John Kennedy, other legislative leaders
proposal to sell Louisiana’s remaining share of a massive tobacco settlement to help generate a few years of short-term cash has stalled, with little support from key state officials. Treasurer John Kennedy has refused to put it on the Bond Commission ag
May 16, 2015 AP - Associated Press
added May 16, 2015 10:27
Almost two decades after U.S. states settled with tobacco companies on payments for health-care costs, officials are still finding new ways to tap the revenue stream to close budget gaps and fund programs.
Apr 12, 2015 Bloomberg News
added Apr 13, 2015 11:12
Louisiana Gov. Bobby Jindal is urging lawmakers to adopt his plan to securitize the remaining 40% of the state's tobacco revenues from the Master Settlement Agreement.
Apr 10, 2015 Bond Buyer Online
added Apr 12, 2015 13:43
Legislation was filed Friday that will allow the Tobacco Settlement Financing Corp. to issue bonds for 40 percent of the state's tobacco settlement revenue, generating $30 million to $60 million per year for TOPS through 2023 and $150 million for coastal
Apr 5, 2015 Monroe (LA) News-Star
added Apr 5, 2015 13:08
"We're about to plunder our last savings account by selling the remaining portion of the tobacco settlement and spending the money. Even worse, we're going to ignore state law and steer millions of dollars in fees to a group of people handpicked by the D
Apr 1, 2015 Bayou Buzz
added Apr 1, 2015 19:25
Interactions between Nichols and Kennedy, regardless of the venue, feature steely politeness and deftly aimed verbal daggers. The Tobacco Settlement board meeting did not disappoint.... “You dangle $700 million in front of the Louisiana Legislature now, a
Mar 21, 2015 Baton Rouge (LA) Advocate
added Mar 22, 2015 10:21
Rhode Island issued $620 million in tobacco bonds on Thursday, netting an immediate $36 million payment and following through on a much-anticipated issuance after successfully beating back OppenheimerFunds Inc.’s lawsuit seeking to block the issuance.
Mar 19, 2015 Law360
added Mar 20, 2015 13:13
Lt. Gov. Jay Dardenne on Thursday threw a crimp into the Jindal administration’s plan to sell the remaining portion of the tobacco settlement monies by recalling that the state’s voters nine years ago overwhelmingly approved a constitutional amendment th
Mar 20, 2015 Baton Rouge (LA) Advocate
added Mar 20, 2015 13:06