Article: Tobacco Bonds Cheap But Stable Amid a Flood of Lawsuits.

Article: Philip Morris makes tobacco payment, market still ...
Government Finance Review;  June 1, 2003 ;     700+ words ... ... some $19 billion in tobacco bonds backed by the 1998 ... that nearly forced Philip Morris into bankruptcy and ... their plans to issue tobacco bonds. Just a day before ... size of the bond that Philip Morris was required to pay ...

Article: Tobacco Bonds: Supreme Court's Philip ...
The Bond Buyer;  February 21, 2007 ;     700+ words ... ... million in punitive damages against Philip Morris USA and sent the case back to a lower ... for Altria Group Inc., which owns Philip Morris and has successfully appealed a handful ... let stand. In yesterday's majority Philip Morris opinion, written by Justice Stephen ...

Article: Judge Wants Appeal Bond Adjusted: Philip Morris MSA ...
The Bond Buyer;  April 14, 2003 ;     700+ words ... ... corporate rating of Philip Morris's parent company ... day cushion for Philip Morris' MSA payment ... debt or on the tobacco bonds. In addition ... uncertainty over Philip Morris' current situation, tobacco bonds are not in any ...

Article: Philip Morris Faces Lawsuit By AGs If It Misses MSA ...
The Bond Buyer;  April 7, 2003 ;     700+ words ... ... consequences for both Philip Morris' corporate credit ... While investors in tobacco bonds say the bonds ... for municipal tobacco bonds by as much as ... Group Inc., Philip Morris' parent company, or the tobacco bonds, but analysts ...

Article: Tobacco Bonds on Watch: Fitch Action Follows Call ...
The Bond Buyer;  March 27, 2003 ;     700+ words ... ... viability of tobacco bonds. Altria, the parent company of Philip Morris USA, was ordered ... Southwest Co., said tobacco bonds are over-collateralized ... my opinion, Philip Morris could get downgraded ... rating for the tobacco bonds could remain ...

Article: Philip Morris Makes Full '06 MSA Payment.
The Bond Buyer;  April 4, 2006 ;     700+ words ... ... move that bodes well for tobacco bonds, Philip Morris USA on Friday made its full ... 6%. The full payment by Philip Morris, which because of its market ... be repaid. "On Friday, Philip Morris made its 2006 Master Settlement ...

Article: Muni Funds Still Smoking: Despite Risk, Tobacco ...
The Bond Buyer;  August 6, 2003 ;     700+ words ... ... to stock up on tobacco bonds any time soon. He said that with Philip Morris combating billion ... are bullish on tobacco bonds. "We're buyers ... court against Philip Morris, known as the ... the market for tobacco bonds. On March 21 ...