As one of the most active firms involved in the securitization of tobacco settlement revenue, we’re familiar with all of the structures as well as the types of issuers. Our tobacco financing team is made up of a dozen dedicated attorneys.
We face and successfully address all the issues that arise in these transactions, including:
We work on all of the structures of tobacco settlement bond issues that have been developed to date (e.g., full or partial turbo redemption, residual).
They have had different credit rating goals and involve every conceivable use of proceeds (e.g., capital, working capital, refunding/defeasance). They also use different types of issuers (e.g., local nonprofit corporation, state public authority, joint powers agency, public trust).
Partner
Team Leader, Project Finance and Public Finance
Phone: 212-940-3005
Partner
Phone: 212-940-3182
Partner
Phone: 212-940-3028
Partner
Phone: 212-940-3183