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Published on 5/2/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Badger Tobacco Asset Securitization, Wis., calls asset-backed bonds

By Ashley Montgomery

Kansas City, Kan., May 2 - Badger Tobacco Asset Securitization Corp. of Wisconsin will redeem in full its tobacco settlement asset-backed bonds, according to a notice.

The bonds will be redeemed June 1 at par, plus accrued interest to the redemption date.

The following bonds are affected:

• $209.26 million of 6% bonds due June 1, 2017;

• $225,415,000 of 6.125% bonds due June 1, 2027;

• $100 million of 7% bonds due June 1, 2028; and

• $414.47 million of 6.375% bonds due June 1, 2032.

Bank of New York Mellon Trust Co., NA is the agent.


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