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.
-
Advocates have floated similar measures repeatedly over the course of several administrations with no luck.
September 22 -
The administration wants the project "to be a model of how to build quickly and cost effectively," Transportation Secretary Sean Duffy said.
September 22 -
All of fiscal 2025 was funded under continuing appropriations instead of the traditional appropriations process.
September 19 -
Bondholders are pitted against each other in the case, where it looks like the majority holders may become owners of the distressed companies.
September 18 -
The House oversight subcommittee hearing was titled "Virtue Signaling vs. Vital Services."
September 17 -
A group of bondholders are floating fresh financing to a bankrupt metals recycler that elevates their bonds above other holders.
By Caitlin Devitt and Kathie O'DonnellSeptember 16 -
Utilities, and the local governments and states that house data centers, are wrestling with policy questions about who should cover the costs of the projected spikes in water and electricity demand.
By Caitlin Devitt and Karen PierogSeptember 16 -
Infrastructure like vertiports may be financed with municipal bonds.
September 15 -
With an insolvent Highway Trust Fund, toll revenue and PABs are increasingly important for transportation financing, lobbyists said.
September 11 -
The hire comes as more BAM clients are considering public-private partnership financing structures.
September 8 -
The Trump administration's immigration policies are "undermining the country's ability to build infrastructure and construction programs," the Associated General Contractors of America said.
September 5 -
"We are expecting a lot of interest in the offering next week," said Geoff Urbina, managing director, KeyBanc Capital Markets Public Finance.
September 4 -
The bill enjoys the support of local government and public utility groups.
September 3 -
"Another set of eyes helps improve the deal for everybody, including the borrower, because the borrower is going to want a successful venture too," said John Miller, head and chief investment officer of First Eagle's municipal credit team.
By Caitlin Devitt and Jessica LernerSeptember 2 -
Data center projects, which are proliferating across the country, are taking advantage of tax breaks that can be costly for states and local governments.
By Karen Pierog and Caitlin DevittSeptember 2 -
Transit expert and former MTA head "Train Daddy" Andy Byford is in charge of the $7 billion renovation.
August 28 -
The memo, which was sent to members of Congress, recommends a second round of reconciliation that would include the repeal of the municipal bond "tax exclusion."
August 26 -
Revenue generated by the bureau's 10 managed lane projects is, on average, exceeding original projections by 63%.
August 25 -
Just 10 nonprofit environmental groups were responsible for 35% of all the NEPA lawsuits analyzed by the Breakthrough Institute in a new report.
August 21 -
It's the latest attack on one of the nation's largest infrastructure projects that has long been the focus of Republican ire.
August 20



















