EMTA SPECIAL SEMINAR: PUERTO RICO: CRISIS AND OPPORTUNITY
Wednesday, June 25, 2014
360 Madison Avenue, 17th Floor
(on 45th St. between Madison and 5th Aves.)
New York City
Puerto Rico's creditworthiness has suffered a dramatic erosion, and there is a risk that the Commonwealth will be downgraded deeper into "junk" territory. In addition, banks in Puerto Rico have been weighed down by bad loans, thin margins, excessive reliance on wholesale funding, and the economic consequences of the government’s austerity measures. The solvency of a major bank has recently been undermined by the unilateral abrogation of a government tax-related liability, raising questions about the rule of law. This timely EMTA Special Seminar will provide a discussion of the investment and reform risks and opportunities that the crisis in Puerto Rico has generated.
11:45 a.m. Registration
12:00 noon - 2:00 p.m. Panel Discussion
James K. Glassman – Moderator
Arturo Porzecanski (American University)
Thomas Weyl (Barclays)
Doriana Gamboa (Fitch Ratings)
Matthew D. McGill (Gibson, Dunn & Crutcher)
Liam Localio (Greylock Capital Management)
Lunch will be provided
Registration fee for EMTA Members US$75 / US$695 for non-members / Credentialed Media Complimentary.
DIAL-IN AVAILABLE. Firms and Media that wish to dial-in should contact Nadine Simonelli (firstname.lastname@example.org).
REGISTRATION FOR THIS EVENT THROUGH THE WEBSITE IS NOW CLOSED, HOWEVER, YOU MAY CLICK HERE TO REGISTER BY EMAIL.