Fitch rates Minnesota Tobacco Settlement Revenue Bonds, series 2011 A and B, issued by Tobacco Securitization Authority
Michelle Rivera
NEW YORK
,
November 29, 2011
(press release)
–
Fitch rates Minnesota Tobacco Settlement Revenue Bonds, series 2011 A and B, issued by Tobacco Securitization Authority, as follows:
--$36,900,000 series 2011A serial bond due March 1, 2014, 'BBB+sf'; Outlook Stable;
--$37,785,000 series 2011A serial bond due March 1, 2015, 'BBB+sf'; Outlook Stable;
--$25,255,000 series 2011B serial bond due March 1, 2016, 'BBB+sf'; Outlook Stable;
--$5,000,000 series 2011B serial bond due March 1, 2016, 'BBB+sf'; Outlook Stable;
--$28,190,000 series 2011B serial bond due March 1, 2017, 'BBB+sf'; Outlook Stable;
--$3,500,000 series 2011B serial bond due March 1, 2017, 'BBB+sf'; Outlook Stable;
--$32,410,000 series 2011B serial bond due March 1, 2018, 'BBB+sf'; Outlook Stable;
--$30,015,000 series 2011B serial bond due March 1, 2019, 'BBB+sf'; Outlook Stable;
--$2,925,000 series 2011B serial bond due March 1, 2019, 'BBB+sf'; Outlook Stable;
--$34,300,000 series 2011B serial bond due March 1, 2020, 'BBB+sf'; Outlook Stable;
--$32,610,000 series 2011B serial bond due March 1, 2021, 'BBB+sf'; Outlook Stable;
--$3,175,000 series 2011B serial bond due March 1, 2021, 'BBB+sf'; Outlook Stable;
--$37,480,000 series 2011B serial bond due March 1, 2022, 'BBB+sf'; Outlook Stable;
--$38,550,000 series 2011B serial bond due March 1, 2023, 'BBB+sf'; Outlook Stable;
--$40,720,000 series 2011B serial bond due March 1, 2024, 'BBB+sf'; Outlook Stable;
--$43,165,000 series 2011B serial bond due March 1, 2025, 'BBB+sf'; Outlook Stable;
--$39,640,000 series 2011B serial bond due March 1, 2026, 'BBB+sf'; Outlook Stable;
--$6,075,000 series 2011B serial bond due March 1, 2026, 'BBB+sf'; Outlook Stable;
--$279,260,000 term bond due March 1, 2031, 'BBB+sf'; Outlook Stable.
The presale report is available to all investors on Fitch's website at ' www.fitchratings.com '. For more information about Fitch's comprehensive subscription service FitchResearch, which includes all presale reports, surveillance, and credit reports on more than 20 asset classes, contact product sales at +1-212-908-0800 or at 'webmaster@fitchratings.com'.
Additional information is available at www.fitchratings.com . The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.
Applicable Criteria and Related Research:
--'Global Structured Finance Rating Criteria' (Aug. 4, 2011).
Applicable Criteria and Related Research:
Global Structured Finance Rating Criteria
© 2024 Business Wire, Inc., All rights reserved.