TITLE

Fitch Drops Tobacco Bonds From Government Debt Ratios

AUTHOR(S)
McKaig, Ryan
PUB. DATE
March 2001
SOURCE
Bond Buyer;03/05/2001, Vol. 335 Issue 31089, p44
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the exclusion of tobacco securitization in the analysis of government debt ratios by Fitch Inc. in the United States. Characterization of the tobacco Master Settlement Agreement; Absence of government obligations to pay bondholders in the event of a default; Shift in corporate policy.
ACCESSION #
4245634

 

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