TITLE

New York City Postpones Return To Tobacco Securitization Market

AUTHOR(S)
Resnick, Amy
PUB. DATE
February 2001
SOURCE
Bond Buyer;02/01/2001, Vol. 335 Issue 31068, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Announces the decision of the New York City, a pioneering issuer of bonds backed by payments from the national tobacco settlement, to postpone its second venture into the market. Factors cited for the city's decision not to return to the tobacco securitization market; Information on the city's capital funding program for fiscal 2001 to fiscal 2005.
ACCESSION #
4091862

 

Related Articles

  • ABS Still Suffers from Last Fall's Turmoil, But Healthy New Patterns Are Emerging. O'Leary, Christopher // Investment Dealers' Digest;07/12/99, Vol. 65 Issue 28, p21 

    Reports plans to restructure the asset-backed securities (ABS) market as a response to the crisis in bond market liquidity in the United States. Withdrawal of issuers from ABS; Reason of the decline in issuance volumes; Review of the performance of the ABS market from 1998 to July 1999.

  • No Longer Bulletproof, ABS Takes a Hit From Bond Turmoils. Reinebach, Adam // Investment Dealers' Digest;01/10/2000, Vol. 66 Issue 2, p20 

    Reports the impact of bond market performance on asset-backed securities in the United States for year 1999. Factors affecting the performance of the market; Impact of issuer attrition and consolidation on the market; Types of assets giving balance to the market; Projected increase in issuance...

  • European CBO Market Taps U.S. Assets and Expertise. Conrad, Lee; Gregory, Michael // High Yield Report;04/17/2000, Vol. 11 Issue 16, p13 

    Reports that Europe's high yield bond market is facing industry concentration issues that likely will spawn a wave of issues backed by a mixture of both European and American high-yield assets.

  • Tap Turned Up on European CDO Pipeline. Clouse, Carol J. // High Yield Report;06/12/2000, Vol. 11 Issue 24, p1 

    Reports on a prediction by Fitch IBCA that at least seven or eight European arbitrage collateralized debt obligation transactions will be launched in 2000.

  • Ireland: A second Pfandbriefe market?  // Asset Securitization Report;5/20/2002, Vol. 2 Issue 20, p14 

    Examines the effect of bond market to the securitization of assets in Ireland. Nature of asset eligibility requirements; Creation of a level playing field for local bank; Location of mortgage credit assets.

  • US Steel Deal Out To Apathetic Banks. Hintze, John // Bank Loan Report;5/26/2003, Vol. 18 Issue 21, p1 

    Reports on United States Steel Corp.'s entry into the bond market in the week of May 23, 2003, to refinance existing asset-based debt.

  • Experts see more mixed pools ahead in CBO market. KS // High Yield Report;03/13/2000, Vol. 11 Issue 11, p4 

    Reports the rise of the use of mixed finance products in the bond market. Kinds of financed products; Impact of collateralized bond obligation issuance on the spread and prices of collaterals; rating of asset-backed securities and high-yield bonds; Cause and advantages of using mixed financial...

  • Capital markets.  // Finance Week;6/29/2005, special section p12 

    Discusses the form of capital raising in the corporate bond market and asset securitizations in South Africa. Negotiation of better terms with creditors and bankers; Details of the pre-tax profit; Capability of companies to structure its debt issuance.

  • Following Strickland's Ohio Budget Approval, State Preps for $5B Sale.  // Bond Buyer;7/5/2007, Vol. 361 Issue 32664, p23 

    The article reports on the plan of Ohio to begin a selection process for the financial team on its $5 billion tobacco securitization with the launch of a competitive selection process for financial advisers. Under a preliminary time line, by the end of July 2007, the state hopes to select a...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics