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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Issuers praised the bill's climate provisions while muni market participants said it's unlikely to significantly hurt demand for tax-exempt paper.
August 5 -
The agency overseeing what has been called the country's most expensive infrastructure project hopes to secure $8 billion in federal dollars and $4.2 billion of state borrowing for the first leg of the bullet train.
August 4 -
The county wants to enter into a public-private partnership to finance, build and operate a public utility and multiple microgrids that will sell power to advanced manufacturers who require hyper-reliable energy.
August 2 -
A group of 20 muni bond investment firms have asked U.S. cities to disclose their environmental-related needs and risks, including infrastructure projects, to CDP, a global disclosure firm.
July 29 -
Sens. Manchin and Schumer's long-elusive deal on a energy, climate and tax bill includes no muni-friendly items or SALT reform.
July 28 -
The Democrats' reconciliation bill has been whittled down to a pair of health care provisions, including one that carries implications for nonprofit hospital credit quality.
July 26 -
At the Colorado DOT, Shailen Bhatt oversaw the $1.2 billion I-70 expansion, a public-private partnership that was the state's largest highway project to date.
July 25 -
The new law kills tolling for the Major Bridge program but allows the P3 contract to remain in place.
July 21 -
“We have to be able to build things better and faster in this country and you don’t have to be a Democrat or a Republican to agree with that."
July 21 -
Issuers come to market more often and with larger deals when muni bond funds are enjoying inflows, a new paper contends. But not all market participants agree.
July 19