TITLE

N.Y.'s Nassau County Approves $410M Tobacco Settlement Deal

AUTHOR(S)
Whalen, Robert
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/7/2006, Vol. 355 Issue 32333, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Nassau County to sell 410 million dollars of new and refunding tobacco settlement revenue bonds. The county Legislature had approved the transaction on March 6, 2006 by an 18-to-1 margin. It was believed that the bond restructuring will allow the county to eliminate trapping accounts that were created to provide additional security to investors.
ACCESSION #
20472553

 

Related Articles

  • Prince George's County, Md., Readies $110M of GOs With New S&0026;P AAA. Funk, Lynne // Bond Buyer;6/4/2008, Vol. 364 Issue 32892, p28 

    The article reports on the $110 million of general obligation (GO) public improvement bonds which will be sold by Prince George's County in the Maryland bond market. The sale comes after the county has received its first triple-A rating from Standard & Poor's Corp. The county's Series 2008 bonds...

  • MARKET SNAPSHOT: Wednesday, April 27.  // Bond Buyer;4/28/2005, Vol. 352 Issue 32121, p2 

    The article presents market snapshots for Wednesday, April 27, 2005. Durable goods are the indicator. Data include government securities prices and municipal bond index.

  • Cleveland Readies $170 Million Water Revenue Bond Refunding. Devitt, Caitlin // Bond Buyer;2/11/2009, Vol. 367 Issue 33060, p5 

    The article reports on the entry of Cleveland, Ohio to the bond market with roughly $170 million of water revenue bonds in a refunding transaction that will allow the city's water district to shed its final piece of insured variable-rate debt. In addition to the fixed-rate tranche, the sale...

  • Treasury to Sell $14B 30s, $22B 10Yrs, $35B 3 Yrs. Siegel, Gary E. // Bond Buyer;4/30/2009, Vol. 368 Issue 33107, p6 

    The article reports on the plan of the U.S. Treasury Department to sell its $14 billion of 30-years bonds, $22 billion of ten-years notes and $35 billion of three-year notes to complete its refunding in the second quarter of 2009. The Treasury confirms that there will be a second regular...

  • Omaha Utility Keeps Deal on Hold; City Splits the Difference. Devitt, Caitlin // Bond Buyer;10/17/2008, Vol. 366 Issue 32984, p6 

    The article reports that the city of Omaha put a refunding on hold but issued $18 million of mostly new-money bonds, while the Omaha Public Power District (OPPD) continues to delay its $105 million issue until early 2009 in Nebraska. The decision of the OPPD comes after it opened a retail order...

  • MARKET STATISTICS.  // Bond Buyer;6/10/2005, Vol. 352 Issue 32151, p36 

    Presents charts and graphs depicting the bond market statistics in the U.S. as of June 9, 2005. Short-term tax-exempt yields; Prices of U.S. securities; Municipal market-data general obligation yields.

  • MARKET SNAPSHOT: Wednesday, October 19.  // Bond Buyer;10/20/2005, Vol. 354 Issue 32242, p2 

    Presents charts depicting the indicators of the October 19, 2005 bond trading in the U.S. Prices of government securities; Increase in municipal bond index; Decline in 30-day visible supply.

  • Rating Changes.  // Bond Buyer;11/18/2005, Vol. 354 Issue 32262, p31 

    Presents a chart depicting changes to credit ratings of U.S. state bond issuers as of November 18, 2005. Comment on the bond issued by Allentown Area Hospital Authority in Pennsylvania; Cause of rating change for Balloxi City, Mississippi's tax increment bonds; Justification of the upgrade of...

  • Extended Rally Sends Most Bond Buyer Indexes Lower. Chang, Helen // Bond Buyer;2/11/2005, Vol. 351 Issue 32069, p36 

    Reports on the performance of municipal bonds during the second week of February 2005 bond trading in the U.S. Prices of municipal bonds compared with the Treasuries; Inflows of municipal bonds to the market; Percentage increase in one-year notes.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics