Puerto Rico—restructuring and downgrading of debt (podcast)

Lyle Fitterer

Lyle Fitterer

Puerto Rico just can’t stay out of the news—this time making headlines over legislation to allow restructuring of its debt and for ratings agencies downgrading much of it. Here to put this into perspective is Lyle Fitterer, CFA, CPA, managing director of Wells Capital Management’s Municipal Fixed-Income team. Lyle manages several Wells Fargo Advantage Municipal Income Funds, some of which hold Puerto Rican debt.

Listen to the podcast.

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