Brightline Lands $350 Million Assured Loan in Case of Bankruptcy

Brightline has reached a deal with municipal-bond insurer Assured Guaranty Ltd. that would provide the debt-laden Florida railroad with at least $350 million in new loans if it heads into Chapter 11 bankruptcy, according to people familiar with the matter.

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.