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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A hearing on the borrower's motion to dismiss is set for July 15.
July 7 -
The Ways and Means Committee passed the reporting bill last week along party lines.
July 6 -
Next payments are due July 14 and 15.
July 2 -
Rep. Brendan Boyle, D-Pa., said he is crafting a bill to "disincentive states and localities" from offering public subsidy packages to lure professional sports teams across borders.
July 1 -
SMAs are a "shoot now, ask questions later" type of buyer, said Dan Close, head of Nuveen's municipal fixed income team.
June 30 -
Prepay energy borrowings may not generate promised savings.
June 30 -
"It was a revelation to me, reflecting on how much GFOA has influenced my career," Lunda Asmani said.
June 29 -
The National Football League is a member of the Public Finance Network.
June 29 -
The agreement launches a six-month process in which the consortium will evaluate opportunities to design, build, operate, finance and maintain one or more segments of the program.
June 25 -
Sven Hodges will focus on energy and advanced manufacturing projects.
June 24 -
The BB-plus rated borrowing comes as high-yield supply remains strong in the muni market.
June 23 -
The tobacco sector has been among the worst-performing in the muni market this year, but some say it's still overvalued.
June 18 -
On the bright side, ridership and revenue were up 20% compared to last May.
June 17 -
Bondholders also waived an event of default for $22 million of senior debt that Brightline took on in May.
June 16 -
South Carolina — which just passed a law allowing tolls and public-private partnerships — won federal funding for a statewide asset scan focused on its major transportation corridors for potential P3s.
June 16 -
After the DOT "expedited" a $25 million investment in the train, Q1 trespassing incidents and collisions on Brightline Florida fell 30% year-over-year, the office said.
June 15 -
Hospitals, universities and transit agencies are among the issuers that would face heightened uncertainty around federal funding if the rule is enacted.
June 15 -
Pooling local projects and slicing up risk could open the door to more private capital, a researcher said.
June 12 -
Immediately after signing a $70 billion reconciliation bill into law, President Trump began pushing for a third reconciliation package.
June 11 -
On the state P3 front, PennDOT aims to complete a review of a proposed $5 billion toll lane project next year.
June 10
