© 2021 MICHIGAN RADIO
91.7 Ann Arbor/Detroit 91.3 Port Huron 104.1 Grand Rapids 91.1 Flint
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Economy
On this page you'll find all of our stories on the city of Detroit.Suggest a story here and follow our podcast here.

Why the Detroit Public School bond offering is worth a look to investors

An empty classroom
Motown31
/
Flickr - http://j.mp/1SPGCl0
O.k., o.k., we know this one is empty, but some high school students in the Detroit Public Schools say their classroom are far from empty.

So, investors, who's willing to bite? Who is willing to buy bonds from a troubled school district being run by an emergency manager located in a city run by an emergency manager, a city that just made history with its bankruptcy filing?

It's easy to understand why investors may run the other way from the Detroit Public Schools' bond offering.

But Josh Gonze says "not so fast!" He is a municipal bond portfolio manager who thinks the Detroit Public Schools bond offering tomorrow has something to offer an investor.

Josh Gonze is with Thornberg Investment Management based in Santa Fe, New Mexico. He joined us today.

Listen to the full interview above.

Related Content