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Brightline files for bankruptcy with $490M restructuring deal

Brightline files Chapter 11 bankruptcy with structured parent entity approach

3 Yesterday 9:55 AM · 1d ago · 1 article · 1 source · development 3 of 4

Certain Brightline parent entities filed for Chapter 11 in the U.S. Bankruptcy Court for the District of New Jersey to implement the restructuring agreement. Brightline Trains Florida LLC, which operates the actual train service between Miami and Orlando, will not file and will continue operations under existing management.

Brightline files Chapter 11 bankruptcy with structured parent entity approach
Philadelphia Inquirer

Brightline (Brightline Trains Florida LLC) Private high-speed rail operatorPatrick Goddard Brightline Florida CEOFortress Investment Group Private equity backerAssured Guaranty Bond insurer and creditorTim Hynes Head of Global Credit Research, Debtwire

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2–4Brightline files Chapter 11 bankruptcy…
Sep 24yesterdaytodaynow · 3:16 PM ET

What was reported 2 claims about this development

  1. 1 outlet Private equity-backed Florida railway Brightline files for bankruptcy

    first by FT, 1d ago

  2. 1 outlet Florida Railroad Brightline Plans Imminent Chapter 11 in New Jersey

    first by WSJ Markets, 2d ago

All 4 developments of Brightline files for bankruptcy with $490M restructuring… →

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