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.