Tobacco Settlement Asset-Backed Bonds
Bonds issued by the PFA.
On November 1, 2001, the Tobacco Settlement Financing Corporation entered into a Purchase and Sale Agreement with the Government of the U.S. Virgin Islands to purchase the rights, title, and interest in Tobacco Settlement fund litigation awards for the amount of $18.4 million, under the Master Settlement Agreement dated November 23, 1998. Tobacco bonds were issued in 2001 and 2006 to finance various health related capital improvement projects throughout the territory.
Please view the below offering statement(s), limited offering memorandum and bond report(s) for more information on individual bond series issued under this bond type.
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