If Michigan Gov. Rick Snyder appoints an emergency manager for Detroit, that person will tackle $15 billion of long-term debt liabilities and try to maneuver around a $440 million swap termination payment.
Detroit's Long-Term Liabilities, Interest-Rate Swaps, Pose Threat to Operations
Ask the Experts is an educational video series, hosted by The Bond Buyer and Municipal Finance Today, that features an engaging Q&A with commercial banking industry professionals. This series, sponsored by Bank of America Merrill Lynch, addresses today's most talked-about commercial banking topics, including emergency preparedness, fraud prevention, and creating financially and environmentally sustainable opportunities.
February 3- 5, 2014Omni Barton Creek Resort & Spa, Austin, TX
March 26-28, 2014Fontainebleau Miami Beach, Miami Beach, FL