Resources for Distressed Muni/Tax Exempt Restructuring

Does anyone have resources on bankruptcy, restructuring and workouts for tax exempt debt. My MD has done some previously and my group is interested in this potentially. I was wondering if anyone could point me towards any resources, particularly for the revenue bond side of things. I'm mainly interested in it as it relates to workouts with a project finance component.

 

I've spoken to some of my muni friends in the past, and here is what they say about RX in Muni-land:

1.) Not a lot of precedence in muni's because of the limited occurrences of muni defaults.
2.) With such little precedence in place, its really a crapshoot how each state would handle said RX.

"Sounds to me like you guys a couple of bookies."
 

Fugit illo vero ut dolore. Aut maiores hic modi reiciendis sed dolores sint. Quis soluta dolor excepturi eos suscipit et voluptas.

Eligendi commodi maiores ullam. Accusantium eum voluptates nulla suscipit labore iure. Commodi quod aperiam rerum eveniet. Quod blanditiis ullam laboriosam expedita dolores. Illo necessitatibus qui nesciunt eaque dolore ea.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
kanon's picture
kanon
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”