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.
-
The developer faces no penalties from the missed interest payment.
June 8 -
On the primary market, some deals are oversubscribed and others sent back to the drawing board.
June 5 -
The Nassau County Tobacco Settlement Corp's ability to continue as a going concern depends on restructuring its tobacco debt, the county's audit said.
June 4 -
With nearly $4.5 billion of tax-exempt bonds, a restructuring or bankruptcy would be among the muni market's largest to date.
June 3 -
The six-month pre-development agreement is the first step toward a larger public-private partnership to help deliver the struggling bullet train.
June 2 -
Reason's latest transportation finance report lays out barriers to U.S. pension funds investing in infrastructure and the P3 pipeline.
June 1 -
The bill promote private capital and public-private partnerships as part of the financing process.
May 28 -
Political opposition from Charlotte residents halted the express toll lanes expansion plan.
May 27 -
TIFIA and RRIF programs were slightly expanded and airport authorities will now be able to apply for CRISI grants.
May 26 -
The Trump administration took over the Penn Station renovation a year ago, accusing the MTA of mismanagement.
May 21 -
Express toll lanes have evolved from a "boutique subsegment" to the fastest-growing sector in ground transportation, according to Fitch Ratings.
May 21 -
House Transportation & Infrastructure committee leaders released the long-awaited bipartisan bill Sunday night.
May 18 -
The $6 billion federal loan for the West Coast bullet train would set a bad precedent, opponents told the Department of Transportation.
May 15 -
The authority is also seeking legislation that would allow it to issue revenue bonds backed by $1 billion in annual cap-and-invest revenue.
May 14 -
Richard Ciccarone spent years developing a method to identify the cost of deferred maintenance and how it fits into a city's fiscal position.
May 13 -
"If successful in its motion, the trustee will harm not only patients, but also likely completely devalue all the bondholders' investments," Crossroads Health Management LLC said in a court filing.
May 13 -
"I don't mind owning a railroad for $2.4 billion," said Assured CEO Dominic Frederico.
May 11 -
The deal comes as high-yield muni investors are hungry for paper.
May 8 -
The Trump administration also proposed deep cuts to the state revolving funds in its 2026 budget, which Congress rejected.
May 7 -
Senior bonds most recently traded for 30 cents on the dollar.
May 6
