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Headlines Tagged with Bonds — 1,538 headlines found
6
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[Louisiana] Treasurer Kennedy says Jindal's tobacco scheme is no April's Fool Joke
"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
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Apr 1, 2015 19:25
4
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[Louisiana] Political Horizons: Need cash now? La. looks at selling tobacco settlement
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
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Mar 22, 2015 10:21
16
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[Rhode Island] RI Issues $620M In Tobacco Bonds After Oppenheimer Row ($$)
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
8
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[Louisiana] Kink in plan to sell tobacco settlement
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
11
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[Louisiana] State treasurer warns against tobacco settlement sale plans
It’s the same bad fiscal policy that’s created the current $1.6 billion “structural deficit” in the state budget, Kennedy said Wednesday. The administration proposes sale of the remaining portion of a 1998 tobacco settlement in order to generate $750 mi
Mar 12, 2015
Baton Rouge (LA) Advocate
added
Mar 12, 2015 12:10
3
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[Louisiana] Treasurer opposes Jindal tobacco settlement sale proposal, criticizes as 'another gimmick'
Kennedy balked Wednesday at Gov. Bobby Jindal's proposal to sell the last piece of Louisiana's tobacco settlement for upfront cash to pay for Louisiana's free college tuition program called TOPS.
Mar 11, 2015
AP - Associated Press
added
Mar 12, 2015 10:01
6
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[Louisiana] Treasurer Kennedy warns against tobacco settlement sale
State Treasurer John Kennedy is encouraging the Jindal administration to reconsider selling what’s left of the state’s tobacco settlement. “Any farmer knows it’s a bad idea to sell your seed corn because then you can’t plant next year’s crop,” Kennedy
Mar 11, 2015
Baton Rouge (LA) Advocate
added
Mar 11, 2015 15:57
36
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Rhode Island $618 Million Tobacco Bond Ends Seven-Month Wait
Rhode Island is set to issue $618 million of tobacco bonds next week, ending a seven-month delay caused by a legal challenge from OppenheimerFunds Inc.
Mar 3, 2015
Bloomberg News
added
Mar 3, 2015 18:54
9
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When states win lawsuits, where does money go?
some of those bonds are now coming back to bite them. An analysis of more than 100 such deals by ProPublica, the nonprofit investigative journalism enterprise, last year found that some bonds are in trouble because annual settlement payments to the state
Feb 20, 2015
USA Today
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Feb 20, 2015 04:19
17
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Tobacco-backed muni bonds are high-yielding winners
High-yield tobacco debt has surged 5.2 percent this year, more than any other area of munis and beating the entire market’s 1.6 percent return, Barclays data show.
Feb 8, 2015
Bloomberg News
added
Feb 8, 2015 18:10