Muni Credit Assessment Case Study
I'm early in the interview process at a major AM (i.e. Nuveen, Invesco, PIMCO, etc.) for a municipal credit research position. Part of the interview process involves preparing a 1-page credit assessment on a lower-rated general obligation credit (i.e. Puerto Rico, Detroit, Chicago, etc.).
What are some major credit considerations I should be looking for in my review? I have access to an offering document and rating agency reports.
Thanks!
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