The Puerto Rico Panel

Topics

The Commonwealth of Puerto Rico continues to vex bondholders. Complicating the difficult political balancing act are constitutional complexities and its interpretation, and the lack of an approved restructuring mechanism.

Bill Kannel will be moderating this panel at this year's Smiths High Yield Municipal Bond Conference.

Smith’s High Yield Municipal Bond Conference examines the nature and durability of revenues pledged to support repayment of bonds over the next 30 years. For example, demographic trends such as the “Millennials”, will not only impact housing markets and healthcare insurance, but also transportation and wage growth.  The “silver tsunami” of an aging American Baby Boomer cohort continues to drive up demand for senior living facilities and creates greater demand for healthcare.  Technology changes, such as robots, 3D printing and autonomous vehicles, will impact the workforce, transportation and redefine manufacturing.

This year, Smith’s High Yield Municipal Bond Conference will look at the implications of regulatory changes, the potential for rising rates and the possibility of a recession.

For more information on the conference, please click here.