Caitlin Devitt has covered the municipal bond market since 2008. She began her journalism career at the Herald Newspapers on the South Side of Chicago, starting as a reporter and rising to Managing Editor. While at The Bond Buyer, she covered the Detroit bankruptcy among other Midwest-based stories. Devitt joined Debtwire Municipals in 2016, where she covered the high-yield municipal bond market for five years, before returning to the Bond Buyer as Senior Infrastructure Reporter. She lives in Chicago with her family.
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Some states and local governments "went on spending sprees" with pandemic funds and "got ratings upgrades that didn't have a lot to do with fiscal management," said an investor.
March 20 -
"Everyone that is in this industry relies on our technology," CEO Mark Kim said Thursday at a BDA conference in Chicago.
March 20 -
There is a lot of money out there, and investors seem comfortable putting it to work.
March 18 -
The commission will oversee procurement after a previous bid faced litigation and allegations of conflicts of interest.
March 16 -
Allowing tax-exempt bonds to remain outstanding during a long-term concession would lower financing costs, advocates say.
March 13 -
The market is navigating volatility driven by geopolitical issues, which has led to trouble for certain deals.
March 13 -
The state says the $6.5 billion project is not possible without toll revenue.
March 11 -
The hires come a month after Barnes announced it had hired nearly all of Ballard Spahr's top-ranked public finance team.
March 11 -
The rules could lengthen the procurement timeline for some projects.
March 10 -
Brightline asked S&P to withdraw its rating after the latest downgrade.
March 6 -
Jeffrey Puzzullo is the fourth person to plead guilty in the now-notorious Legacy Cares case.
March 6 -
Could they affect state lottery-backed bonds?
March 5 -
The California complaint was filed 12 years ago.
March 4 -
Eleven states and dozens of local governments have active lawsuits against fossil fuel companies.
March 2 -
The fund plans to liquidate remaining assets, although a class-action lawsuit may delay final distributions.
February 27 -
The "ratepayer protection pledge" requires tech companies to cover the costs of powering data centers.
February 25 -
The drinking and clean water state revolving fund programs and other water infrastructure programs are up for reauthorization this year.
February 24 -
Money is flowing into mutual funds and buyers are snapping up deals.
February 20 -
Ballard has shuttered its decades-old public finance practice.
February 19 -
The Trump administration has released some funds but work on the megaproject remains halted.
February 18
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