Wisconsin Mulls Tender Offer Idea for Tobacco Bondholders

Shields, Yvette
February 2003
Bond Buyer;2/7/2003, Vol. 343 Issue 31569, p3
Trade Publication
Reports that Wisconsin finance officials are exploring the feasibility of inviting investors who hold tobacco bonds to tender their bonds as part of an effort to generate revenue for health programs. Total value of tobacco bonds held by investors in billion dollars; Revenue stream generated by bonds that will be held in trust; Possibility of rectifying securitization problems as seen by the state's governor.


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