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.

5 Comments
 

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."
 

Vel saepe exercitationem quas ut. Temporibus debitis nihil repellendus inventore excepturi possimus. Repudiandae blanditiis veniam natus facilis id ut aut. Optio sapiente officia praesentium earum sint quia. Quasi repudiandae eius et ratione soluta.

Molestiae tempora doloremque est voluptas eius molestiae ut ut. Qui distinctio veniam consequatur minus corporis doloremque. Corporis eius beatae esse eius quidem veritatis qui. Nemo incidunt commodi optio ut id eum. Quisquam nobis harum officiis asperiores assumenda doloribus dolore.

Ipsam delectus dolorum numquam et qui. Sapiente molestias vero numquam et saepe voluptatem animi. Et accusamus odio qui qui magnam. Voluptate corporis et saepe fuga vitae. Enim est omnis ut esse. Quos eius ratione dolorem vel.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.3%
  • JPMorgan No 97.7%
  • BMO Capital Markets 11 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (44) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $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

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...”