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Headlines Tagged with Rhode Island 1,206 headlines found


Rhode Island Plans to Sell Tobacco-Backed Bonds Within Six Weeks

Rhode Island plans to put its tobacco-backed bond deal back on the calendar within six weeks after a lawsuit delayed it for five months, according to Citigroup Inc., the lead manager on the sale.
Bloomberg News
added Jan 20, 2015 22:30

[Rhode Island] R.I. wins tobacco-bond lawsuit

Rhode Island defeated a legal challenge from OppenheimerFunds Inc. to its plan to sell $594 million of debt backed by payments from tobacco companies that agreed in 1998 to reimburse states for expenses associated with smoking-related illnesses.
Providence (RI) Journal-Bulletin
added Jan 19, 2015 09:54

Rhode Island Defeats Challenge to Sale of Tobacco-Backed Debt

Rhode Island defeated a legal challenge from OppenheimerFunds Inc. to its plan to sell $594 million of debt backed by tobacco-company payments.
Bloomberg News
added Jan 16, 2015 17:55

[Rhode Island] R.I. official cuts fine in half for Federal Hill smoking lounge

The Providence Board of Licenses fined the Federal Hill smoking lounge for two summertime disturbances involving a crowd of 25 to 30 people on one date and about 100 another time. Police Sgt. Ernest Forlini testified in a city board hearing that people m
Providence (RI) Journal-Bulletin
added Dec 30, 2014 07:16

[Rhode Island] Providence parks go smoke free

Mayor Angel Taveras today announced that all of the city's parks will go tobacco free beginning March 11 of next year. “With this ordinance, we continue the ongoing work to reduce youth tobacco use, reduce exposure to secondhand smoke for all Providence
NBC 10 (Providence, RI)
added Dec 14, 2014 14:12

[Rhode Island] Oppenheimer funds fighting tobacco bond refinancing

In a lawsuit filed in R.I. Superior Court, two mutual funds controlled by Oppenheimer Funds are trying to block the tobacco bond refinancing, which they claim defrauds their investors.
Providence Business News
added Dec 8, 2014 15:46

[Rhode Island] Mobility-impaired individuals more likely to smoke

Individuals with mobility impairments are more likely to be smokers and less likely to quit, according to a recent study by University researchers. “Nobody put the two together,” said Belinda Borrelli, adjunct professor of psychiatry and human behavior,
Brown Daily Herald (Providence, RI)
added Oct 6, 2014 17:06

[Rhode Island] Oppenheimer's Tobacco Bond Dispute Heard in RI Court

Oppenheimer squared off against the Rhode Island Tobacco Settlement Financing Corp. at a state court hearing Monday as the fund company sought to block a $593 million tobacco bond refunding sale originally slated for early August.
Bond Buyer Online
added Sep 8, 2014 16:45

[Rhode Island] Justin Katz: Sending R.I.’s future up in smoke

A decade later, I recognized something familiar as I watched Rhode Island turn to debt to fund infrastructure and to one-time fixes like settlement money from a tobacco-related lawsuit to plug its budget gaps.
Providence (RI) Journal-Bulletin
added Sep 2, 2014 10:18

Oppenheimer Sues Rhode Island Over $594 Million Bond Deal

Rhode Island’s plan to sell $594 million in debt backed by tobacco-company payments was challenged by OppenheimerFunds Inc., which claims the deal violates earlier bondholder rights to revenue related to a 16-year-old accord over health-care related cost
Bloomberg News
added Aug 6, 2014 07:15
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