Brightline’s Junior Muni Bond Drops Below 30 Cents on the Dollar
Buyers are demanding more yield to hold debt sold to support Florida’s private Brightline train, with one unrated, junior security changing hands at a low of 29.5 cents on the...
By Martin Z Braun · Bloomberg Markets
Buyers are demanding more yield to hold debt sold to support Florida’s private Brightline train, with one unrated, junior security changing hands at a low of 29.5 cents on the dollar on Tuesday.