Reports Predict a Long Wait for MSA Payment Resolution
- Restructuring may affect call on Section 8 housing bonds. Stanton, Michael // Bond Buyer;01/13/98, Vol. 323 Issue 30309, p4
Focuses on the report by Merrill Lynch & Co. analyst Kurt van Kuller finding that secondary-market investors may be overpaying for federally insured bonds issued for housing projects that receive Section 8 housing subsidies underestimating the debt's call risk. Features of the Section 8 housing...
- 'Burst-Bubble' Scenarios for Housing Have Experts Worrying About Munis. Saskal, Rich // Bond Buyer;5/4/2006, Vol. 356 Issue 32374, p4
The article reports on the implications of the housing bubbled that developed in the United on the municipal bond market. Housing prices are a major financial factor in bond issuers according to Kurt van Kuller, head of municipal credit research for Merrill Lynch & Co. at the annual National...
- Merrill Lynch index aids computation of single-family prepayment rates. Polyak, Ilana // Bond Buyer;02/16/99, Vol. 327 Issue 30579, p6
Reports that Merrill Lynch's Kurt van Kuller has published the first municipal prepayment index to help investors forecast the prepayment characteristics of their bond holdings. Inclusion of credits issued by state housing financing agencies; Subindexes of mortgage pools; Regional factors taken...
- N.Y.C. to Restructure Tobacco Debt. McDonald, Michael // Bond Buyer;9/16/2003, Vol. 345 Issue 31720, p1
Reports on the restructuring of the tobacco bonds in New York City. Plans of the city officials to finance ongoing capital projects; Need of discussing the alternative tobacco bond structures; Use of double-barrel pledges in selling tobacco bonds.
- S.C. Tobacco Securitization Yields Extra $16 Million. Sigo, Shelly // Bond Buyer;03/12/2001, Vol. 335 Issue 31094, p39
Reports that the state government of South Carolina generated more proceeds than expected from the sale of tobacco revenue bonds. Excess amount generated from the bond deal; South Carolina officials' plans of taking a break after such a successful conclusion to the state's bond transaction;...
- IRS Ends Audit of Westchester County's '99 Tobacco Deal. Kinnander, Ola // Bond Buyer;5/8/2002, Vol. 340 Issue 31382, p4
Reports the conclusion of the Internal Revenue Service audit on the tobacco securitization bond issue in Westchester County, New York. Retention of tax-exempt debt; Variation in the structure of tobacco financing; Recovery of working capital needs.
- UBS Report Sees Market Shift as Wisconsin Helps Run Up Supply. Fine, Jacob // Bond Buyer;5/8/2002, Vol. 340 Issue 31382, p27
Reports the increasing volume of tobacco bonds in Wisconsin. Alteration of market dynamics; Expansion of calendar for tobacco deals; Projection of turbo redemption date.
- Another N.Y. county mulls tobacco debt. Kruger, Daniel // Bond Buyer;10/26/99, Vol. 330 Issue 30755, p1
Reports that Westchester County, New York officials are planning to sell bonds against 480 million dollars of proceeds the county expects to receive from the national tobacco settlement. Share in New York's overall settlement payment; Holding of the property tax rate.
- N.Y. City, Nassau tobacco plans reveal some major differences. Kruger, Daniel // Bond Buyer;10/26/99, Vol. 330 Issue 30755, p32
Reports on the differences in the tobacco bond issues of New York City and Nassau County, New York. Use of flexible amortization structures; Time cushions between planned payments and rated maturities.