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.
On April 14 we released a commentary highlighting results of an analysis Mesirow Financial performed using expected fiscal 2011 tobacco settlement revenues. We have prepared an update to that commentary using the final 2011 revenue figures.
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

