San Diego Returning To Market

Saskal, Rich
June 2006
Bond Buyer;6/13/2006, Vol. 356 Issue 32401, p1
Trade Publication
The article reports on the plan of San Diego to bring its tobacco securitization deal to market after announcing the settlement of a lawsuit challenging past underfunding of its employee pension plan in California. The $173 million claim brought forth by a pensioner who argued that San Diego's failure to fully its annual pension obligation for several years was illegal was settled. The notes will be placed with the city's financial adviser, Bank of America NA Lamont Financial Services.


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