Caitlin Devitt, The Bond Buyer

Caitlin Devitt

The Bond Buyer

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Recent:
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Past:
  • The Bond Buyer

Past articles by Caitlin:

Infrastructure contract awards jump a record 25% as federal funds flow

The jump signals a big pipeline of projects on the horizon. → Read More

Battery Park City prepares new bond sale for waterfront resiliency

Battery Park's flood-proofing projects are part of New York City's larger strategy to protect itself from the next big storm. → Read More

Anne Tricerri

New York-based Anne Tricerri took a circuitous route to becoming Fitch Rating's director of global infrastructure and project finance. → Read More

Rising heat sparks 'emptying-out' risk

Federal emergency aid, while protecting against downgrades and defaults in areas hit by extreme weather, won't bail out areas that face less visible climate effects like rising heat. → Read More

Suzanne Shank

Suzanne Shank cultivated a startup into the largest minority- and women-owned investment banking firm in the country. → Read More

Construction prices likely to remain high, posing risks for cities, states

Public agencies are often "clients of last resort" for contractors, especially when construction costs are high. → Read More

Court kills Pennsylvania P3 bridge program, questions state law

PennDOT could appeal to the state supreme court, but if not, the Pennsylvania P3 law may need to be rewritten. → Read More

ESG disclosure standards: patchwork and slow-going, but they're coming

Disclosure around ESG-related risk factors to credit as well as for ESG-labeled bonds remains a mixed landscape that reflects the heterogenous nature of the muni market itself. → Read More

GFOA will tackle ESG best practice, David Erdman predicts

Dave Erdman has become one of the top issuer voices in the public finance community. As he heads off this summer into the private sector, Erdman reflects on his time on the GFOA's influential debt committee. Caitlin Devitt hosts. (14 minutes) → Read More

JFK's New Terminal One will look to bond market for long-term financing

The finance team is already lined up for the first of multiple issuances of bonds to help launch the first phase of the $9.5 billion New Terminal One project. → Read More

SEC charges Texas official with falsifying financial statements, misleading investors

It's the third time this month that the SEC has announced charges against city officials for disclosure-related violations. → Read More

$30 billion Texas bullet train faces uncertainty as CEO exits, court ruling looms

The departure comes amid Spanish reports that financing for what aims to be the nation's first bullet train is "in hibernation." → Read More

'Federalized' infrastructure projects bring new responsibilities, says MTA’s McCoy

MTA finance director Pat McCoy said issuers need to ask if they are prepared to deal with the requirements attached to federal money. → Read More

Global tax rate may hurt muni demand, Biden floats vague fix

U.S. companies that will be affected by the new global minimum tax hold about 80% of the tax-exempt interest reported by all companies, business groups said. → Read More

Purple Line, Capital Beltway P3 projects win TIFIA loans

The low-interest federal loans will complete financing packages for Virginia's express lane extension outside Washington D.C. and Maryland’s Purple Line light rail project. → Read More

Biden resurrects Build Back Better agenda during State of Union

The president touted the benefits of last year's Bipartisan Infrastructure Law and American Rescue Plan Act during his first State of the Union address. → Read More

Feds downplay policy that discourages infrastructure funds for new highways

Restricting the use of IIJA funds for new highway capacity "flies in the face" of Congressional intent, said Sen. Mitt Romney. → Read More

Infrastructure Act's bridge money begins to flow to states

The investment could repair 15,000 bridges across the country and requires states to set aside at least 15% for local bridges. → Read More

Feds should assess state-based mileage-fee pilots for national program

With an insolvent Highway Trust Fund, alternatives to the federal fuel tax are more important than ever. → Read More

Texas bullet train path forward depends on state Supreme Court ruling

If it clears the legal hurdle, the company that owns the $30 billion project may seek a $12 billion Railroad Rehabilitation and Improvement Financing loan. → Read More