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Headlines Tagged with Bonds 1,540 headlines found

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Louisiana Gov. Bobby Jindal Pushes for Tobacco Bond Deal ($$)

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.
Bond Buyer Online
added Apr 12, 2015 13:43
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[Louisiana] Bill filed to sell tobacco settlement money

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
Monroe (LA) News-Star
added Apr 5, 2015 13:08
6 Views

[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
Bayou Buzz
added Apr 1, 2015 19:25
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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
Baton Rouge (LA) Advocate
added Mar 22, 2015 10:21
16 Views

[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.
Law360
added Mar 20, 2015 13:13
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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
Baton Rouge (LA) Advocate
added Mar 20, 2015 13:06
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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
Baton Rouge (LA) Advocate
added Mar 12, 2015 12:10
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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.
AP - Associated Press
added Mar 12, 2015 10:01
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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
Baton Rouge (LA) Advocate
added Mar 11, 2015 15:57
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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.
Bloomberg News
added Mar 3, 2015 18:54
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