Debtwire Radio

Debtwire Municipals' Caitlin Devitt discusses Preston Hollow Capital LLC’s legal campaign against Nuveen LLC that will continue, with the firm seeking monetary damages and possibly a fresh antitrust claim, after a Delaware Chancery Court judge last week found Nuveen guilty of unlawfully interfering with PHC’s business relationship. She also talks about the Provision Cares Proton Therapy Centers for Knoxville and Nashville, Tennessee which asked bondholders to approve a three-month forbearance on payments to give them time to negotiate a debt restructuring. Debtwire's Eva Llorens looks at how Puerto Rico is expected to lose USD 1.2bn in tourism revenues in 2020 due to the coronavirus pandemic, including USD 300m in hotel revenues, a situation that may impact certain bonds that are paid through hotel occupancy taxes and casinos. Yong Lim, the Debtwire Municipals desk editor, is the moderator of the podcast. The Muni Lowdown is a weekly podcast recapping the previous week's significant news developments in t