It’s a date that lenders to Brightline, the debt-laden private Florida railroad, have had circled for months: July 1. That’s when the company will likely look to scrounge up what’s left in reserves to pay bondholders and stave off a formal default for the last time.
It’s a date that lenders to Brightline, the debt-laden private Florida railroad, have had circled for months: July 1. That’s when the company will likely look to scrounge up what’s left in reserves to pay bondholders and stave off a formal default for the last time.
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