Michigan Agency to Decide Tobacco Deal's Date

Carvlin, Elizabeth
May 2006
Bond Buyer;5/3/2006, Vol. 356 Issue 32373, p1
Trade Publication
The article reports on the decision of the Michigan Tobacco Settlement Finance Authority regarding the multimillion-dollar taxable tobacco settlement backed bonds, a deal that will be the market's largest taxable tobacco backed offerings. The deal has a variety of offers meant to attract an investor base and maintain the best deal for the state. The state made the authority to buy the tobacco receipts as an asset of the state.


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