◀ The Principal Blog

Posts tagged ‘muni’

Righting Detroit’s Municipal Ship: Just the Beginning or Bon Voyage?



On November 7, U.S. District Judge Steven Rhodes approved Detroit’s plan to exit bankruptcy, or its plan of adjustment. This paves the way for the city to resolve the largest municipal bankruptcy in U.S. history only sixteen months after its historic filing in July 2013. This is a stark contrast…

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Puerto Rican Muni Bonds in the Press – Getting the Full Story?



With the recent news surrounding the Detroit bankruptcy lingering in investors’ minds, the Commonwealth of Puerto Rico has recently been the focus of industry press. The pieces tend to focus on many of the credit negatives of the commonwealth that have been known in the credit community for a…

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