Firm Plays Leading Role in Largest Transaction in US Bond Market in 2020

March 2020
Region: Americas

A firm team has served as co-transaction counsel in the Buckeye Tobacco Settlement Financing Authority’s (BTSFA) issuance of US$5.3 billion of bonds to refund the Authority’s outstanding tobacco bonds issued in 2007. The original 2007 bond securitized the tobacco payments to the State of Ohio under the Master Settlement Agreement between the tobacco companies and the 46 settling states and territories.