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Published on 6/15/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Westchester Tobacco Asset Securitization, N.Y., calls all $62.53 million tobacco settlement bonds

By Marisa Wong

Milwaukee, June 15 - Westchester Tobacco Asset Securitization Corp. of New York said it will redeem all $62.525 million of its outstanding asset-backed tobacco settlement bonds, series 77570, on July 15.

The variable-rate bonds, which are due July 15, 2029, will be redeemed at 101% plus accrued interest up to the redemption date.


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