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Published on 5/6/2010 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Tobacco Settlement of N.J. calls $20.71 million of asset-backed bonds

By Devika Patel

Knoxville, Tenn., May 6 - The Tobacco Settlement Financing Corp. of New Jersey announced that it will redeem $20.705 million of its $478.84 million in 4.5% series 2007-1A asset-backed bonds at par plus interest to June 1, the redemption date.

The Bank of New York Mellon is the trustee.


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