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Bonds for Florida High-Speed Rail Pop in Market ‘Starved’ for High-Yield Munis

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Municipal bonds issued last week for Florida’s private rail operator, Brightline, climbed in the secondary market as investors clamored for new high-yield securities.

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Florida High-Speed Rail Senior Muni Debt Rated Investment Grade(Bloomberg) -- Brightline, the first private US passenger railroad in more than a century, obtained an investment-grade rating on its proposed senior...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Florida High-Speed Rail Senior Muni Debt Rated Investment GradeBrightline, the first private US passenger railroad in more than a century, obtained an investment-grade rating on its proposed senior municipal bonds in advance of a planned refinancing of $3.6 billion of debt.
Source: BNNBloomberg - 🏆 83. / 50 Read more »