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Published on 4/26/2016 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Tobacco Settlement Financing calls $40.1 million of 2013A bonds

By Tali Rackner

Norfolk, Va., April 26 – The Tobacco Settlement Financing Corp. called $40.1 million of its series 2013A tax-exempt asset-backed refunding bonds, according to a notice.

The following will be redeemed at par plus accrued interest on May 15:

• $11.15 million of 5% bonds due May 15, 2024; and

• $28.95 million of 5% bonds due May 15, 2025.

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


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