Since the 1998 Master Settlement Agreement with 46 states and six other U.S. jurisdictions, approximately $55 billion of bonds have been sold that are backed by payments made under the agreement.
We have prepared a commentary highlighting results of an analysis Mesirow Financial has performed in light of expected reduced settlement revenues to be received for fiscal 2011. The expected numbers available for 2011 are preliminary, but are indicative of changes expected in performance of the bonds.
Please contact us with any questions or if Mesirow Financial can be of further assistance.
Peter Bianchini
Managing Director,
Senior Municipal Strategist
Institutional Sales and Trading
415.623.7220
Richard Akulich
Vice President
Institutional Sales and Trading
212.530.7621
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Founded in 1937, Mesirow Financial is a diversified financial services firm headquartered in Chicago. We are an employee-owned, private company with approximately 1,200 employees globally.
Mesirow Financial understands, anticipates
and meets the financial needs of its clients – institutions, public sector entities, corporations and individuals – with a multitude of
high-quality products and services.
Chicago, IL 60654 (Map & Directions)
Phone: +1 312.595.6000
Toll Free: +1 800.453.0600
