TITLE

As long as smokers keep smoking, tobacco debt won't die

AUTHOR(S)
Karchmer, Jennifer
PUB. DATE
May 1999
SOURCE
Bond Buyer;05/06/99, Vol. 328 Issue 30635, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the discussions regarding the settlement deal between states and the American tobacco industry at the 16th annual meeting of the National Federation of Municipal Analysts in Boston, Massachusetts. Role of the number smokers in the credit analysis of future tobacco-backed bonds; Cash flow to states receiving a share of the settlement; Structures of bonds used in tobacco settlement financing.
ACCESSION #
1849340

 

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