Fitch Rates Buckeye Tobacco Settlement Financing Authority, Series 2007

NEW YORK--()--Fitch rates Buckeye Tobacco Settlement Financing Authority, series 2007 as follows:

Tobacco Settlement Asset-Backed Bonds Senior Series 2007A-1 senior current interest serial bonds:

--$12,140,000 due June 1, 2009 'BBB+';

--$7,080,000 due June 1, 2010 'BBB+';

--$12,630,000 due June 1, 2010 'BBB+';

--$14,270,000 due June 1, 2011 'BBB+';

--$8,075,000 due June 1, 2011 'BBB+';

--$4,480,000 due June 1, 2012 'BBB+';

--$15,815,000 due June 1, 2012 'BBB+';

--$12,230,000 due June 1, 2013 'BBB+';

--$23,995,000 due June 1, 2014 'BBB+';

--$26,640,000 due June 1, 2015 'BBB+';

--$35,000,000 due June 1, 2016 'BBB+';

--$38,995,000 due June 1, 2017 'BBB+'.

Tobacco Settlement Asset-Backed Bonds Senior Series 2007A-2 senior current interest turbo term bonds:

--$200,000,000 due June 1, 2024 'BBB+';

--$949,530,000 due June 1, 2024 'BBB+';

--$687,600,000 due June 1, 2030 'BBB+';

--$505,200,000 due June 1, 2034 'BBB+';

--$250,000,000 due June 1, 2042 'BBB+';

--$750,000,000 due June 1, 2047 'BBB+';

--$1,383,715,000 due June 1, 2047 'BBB+'.

Tobacco Settlement Asset-Backed Bonds Senior Series 2007A-3 senior convertible capital appreciation turbo term bonds:

--$274,751,138 due June 1, 2037 'BBB+'.

Tobacco Settlement Asset-Backed Bonds First Subordinate Series 2007B capital appreciation turbo term bonds:

--$191,265,480 due June 1, 2047 'BBB+'.

Tobacco Settlement Asset-Backed Bonds Second Subordinate Series 2007C capital appreciation turbo term bonds:

--$128,182,923 due June 1, 2052 'BBB'.

For more information see the Buckeye Tobacco Settlement Financing Authority, Series 2007 presale report, available to all investors on Fitch's corporate web site, www.fitchratings.com.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.

Contacts

Fitch Ratings, New York
Cynthia Ullrich, +1-212-908-0609
Jeffrey Prackup, +1-212-908-0839
Dina Meireles, +1-212-908-0897
Sandro Scenga, +1-212-908-0278 (Media Relations)

Contacts

Fitch Ratings, New York
Cynthia Ullrich, +1-212-908-0609
Jeffrey Prackup, +1-212-908-0839
Dina Meireles, +1-212-908-0897
Sandro Scenga, +1-212-908-0278 (Media Relations)