Speakers & Topics:
Lyle Fitterer, CFA, Managing Director, Senior Portfolio Manager Tax-Exempt Fixed Income, Wells Capital Management
Arlene Bohner, Fitch Rating Services
In April, Fitch introduced new criteria for rating U.S. Local and State Governments. Arlene Bohner will discuss the changes in approach and introduce the criteria’s forward looking tools, including Scenario Analysis and the Fitch Analytical Sensitivity Tool.
Mayo Clinic - Rick Haeflinger, Senior Investment Officer and Assistant Treasurer
Minnesota Management and Budget - Myron Frans, Commissioner
Puerto Rico: A Credit History - David Hitchcock, Senior Director, S&P Global - Ratings
How did Puerto Rico arrive at default on its general obligation debt? What might happen in the future? We will trace the island’s economic, financial, and debt credit history, and what factors are likely to pressure the Commonwealth in the future. Lastly, there will be a discussion of the federal PROMESA act, which imposes a financial control board and creates a temporary stay on default related litigation.
Is High Yield, High Risk: A Primer on Municipal High Yield - Eric L. Frey, Senior Vice President, Client Portfolio Management, Nuveen Asset Management
In this presentation we will discuss a fundamental misunderstanding by investors of the nature of credit risk in the municipal high yield marketplace.
Rural Municipalities and Their Access to Financing
Moderator: Colleen Landkamer, State Director, Rural Development, U.S. Department of Agriculture
Kurt Apfelbacher, Vice President, Dougherty & Company, LLC
Aaron Knewtson, Vice President, Rural Capital Network, AgStar Financial Services, ACA
Brian Reilly, CFA, CIPMA, Senior Municipal Advisor/Principal, EHLERS
Issues Facing State and Local Governments
Moderator: Adam Duininck, Chair, Metropolitan Council
David R. Erdman, Capital Finance Director, State of Wisconsin
Kate Hackett, Kroll Rating Agency
Scott Peterson, Director of Government Affairs, MnDOT
Mark Ruff, CFO, City of Minneapolis