Municipal Bond Credit Report: Wildfire’s destruction of California town creates uncharted credit territory

Municipal Bond Credit Report: The deadly wildfire that left the town of Paradise, California, in ruins may become a test case for the municipal bond market.“The situation casts doubt on whether the local government can meet over $3.5 million in annual payments to pension obligation bondholders, CalPERS and retiree healthcare plan participants,” wrote Marc Joffe, a policy analyst with the Reason Foundation…. Link to Story

About FIRVA Capital Management

We sell Municipal and Corporate issuer credit risk research. We also manage two partner seeded private funds for information purposes using our research; a liquidity fund and a multi-asset fund.

Services include

  • Municipal Credit Risk Research
  • Corporate Credit Risk Research
  • Advisory and Consulting Services
  • Fixed Income Workstation
  • Issuer Credit Risk Reports
  • Video Play News Feed