The Bond Buyer: Puerto Rico bankruptcy lessons show credit outweighs legal protections
05/02/2022
Tom Kozlik, head of municipal research and analytics at HilltopSecurities, said he agreed with Moody’s that time and delay matter in recovery, and he said getting through the process to economic recovery is key. “The sooner an entity can get through its reorganization, the sooner it can get to growing organically and participate in the peaks of future economic cycles,” Kozlik said.