Brightline Wins Extension on $985 Million Commuter Bond Talks

Brightline, which runs a 235-mile private railroad between Miami and Orlando, won’t be forced to buy back $985 million of municipal debt Tuesday after bondholders granted the company a deadline...

By Martin Z Braun, Eliza Ronalds-Hannon · Bloomberg

Brightline, which runs a 235-mile private railroad between Miami and Orlando, won’t be forced to buy back $985 million of municipal debt Tuesday after bondholders granted the company a deadline extension on related deal talks, according to people familiar with the matter.