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Florida High-Speed Rail Senior Muni Debt Rated Investment Grade

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Brightline, 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.

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Florida High-Speed Rail Sounds Out Investors for RefinancingFlorida’s high-speed rail system, Brightline, is seeking up to $3.2 billion new capital from lenders to refinance its outstanding debt, according to people with knowledge of the matter.
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