Brightline Strikes Deal With Commuter-Bond Holders on Repayment
PositiveFinancial Markets

Brightline, the first new private passenger railroad in the US in a century, has successfully negotiated with holders of $985 million in municipal bonds to delay a buyback of the debt for eight months. This deal is significant as it provides the company with more time to manage its finances and continue its operations, which could enhance the future of rail travel in the region.
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