Maine Snuffs Out $476 Million Tobacco Securitization Plan

McDonald, Michael
March 2002
Bond Buyer;3/26/2002, Vol. 339 Issue 31352, p36
Trade Publication
Reports the refusal of the Maine government to proceed with the proposed securitization of an annual tobacco settlement payments. Implications of the proposal for the bond market; Reasons for the refusal; Assessment of the total outstanding debt of Maine.


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