Tobacco Falls After Illinois Court Ruling
- King County, Wash., Offers $200M; Cash Bonds Fall Up to 4 Basis Points. Chesla, Nicholas // Bond Buyer;4/1/2003, Vol. 344 Issue 31605, p2
Underwriters priced more than $200 million of new loans for King County, Washington, while cash bond yields fell between two and four basis points and more in spots on March 31, 2003 even as tobacco bonds came under pressure.Traders said that yields on tobacco bonds rose while Philip Morris USA...
- The Impact of a Tobacco Company Bankruptcy on MSA Bonds. Dubrow, David L. // Bond Buyer;7/28/2003, Vol. 345 Issue 31686, p33
Examines the impact of tobacco company Philip Morris Inc. bankruptcy on Master Settlement Agreement (MSA) bonds. Characterization of MSA bonds; Impact of bankruptcy filled by tobacco company on payments under MSA; Provisions under MSA.
- Tobacco Debt Still Steady Despite Suits. Albanese, Elizabeth // Bond Buyer;7/16/2004, Vol. 349 Issue 31927, p1
Reports that the performance of the tobacco bond market remains steady despite of lawsuits filed against tobacco manufacturer Philip Morris USA Inc. in the United States. Decision of plaintiffs who won a case against Phillip Morris to asked the Illinois Supreme Court to uphold the ruling; U.S....
- Relief for tobacco no cause for upgrades. M.G. // Asset Securitization Report;4/14/2003, Vol. 3 Issue 15, p3
Reports that Illinois Circuit Court Judge Nicholas Byron, who had previously ruled against Philip Morris Cos. Inc., has indicated that he may lower the company's bonding requirements. Link between the tobacco securitization ratings and the credit of the industry as a whole; Possibility for...
- Latest Tobacco Ruling Already Priced Into Market for MSA Bonds. Albanese, Elizabeth // Bond Buyer;12/28/2005, Vol. 354 Issue 32287, p32
The article focuses on the benefit of tobacco bonds on the victory of the tobacco industry by the Illinois Supreme Court. The ruling overturned a judgment against Philip Morris USA Inc. Yields for the sector have not changed markedly after the ruling. The ruling was seen as a positive event for...
- Philip Morris Payment Boosts MSA Bonds; Trouble Ahead for Reynolds. Albanese, Elizabeth // Bond Buyer;4/16/2003, Vol. 344 Issue 31616, p1
Reports on the performance of tobacco bonds in the United States. Scheduled payment of Phillip Morris USA Inc. to states; Characteristics of tobacco bonds.
- Smoke and mirrors. Lippert, Barbara // Adweek Eastern Edition;12/14/1998, Vol. 39 Issue 50, p34
Comments on the television advertisements for Philip Morris' tobacco products in the United States. Ad campaign telling children and teenagers that it is not cool to smoke; Attempts of advertisers to look responsible; Focus on the peer-pressure effect of the ads.
- PM Claims Ads Voluntarily Pulled. Melillo, Wendy // Adweek Midwest Edition;06/12/2000, Vol. 41 Issue 24, p80
Deals with Philip Morris' decision to pull out its advertisements from a number of magazines. Reasons for the move; Investigation into the tobacco industry; Concerns for other advertisers.
- Smoke and Mirrors. Lippert, Barbara // Adweek Southeast Edition;12/14/98, Vol. 19 Issue 50, p34
Criticizes the advertising campaign of the Philip Morris company which tells kids not to smoke. Features of the `Bus' commercial; Information on `Who You Are' spot; Description of the `Being Different' advertisement.