July 29, 2014 — Triet M. Nguyen
The Next Domino: Puerto Rico Highways
“With PREPA taking up most of the headlines of late, we should not ignore the persistently poor financial performance and cash position of the Puerto Rico Highways & Transportation Authority (PRHTA), another “restructuring-eligible” public corporation. Our review of this issuer suggests that it might be the next one in line to be restructured after PREPA”.
“PRHTA bondholders should consider themselves to be in a most uniquely compromised position”. Find out why in Axios Advisors’ latest report. To order a copy, write us at research@axiosadvisors.com . Cost: $95.00 (Paypal accepted)