Brightline Senior Bonds May Recover Just 44 Cents: CreditSights
Investors holding Brightline Florida’s $2.2 billion of senior bonds could get as little as 44 cents on the dollar in a bankruptcy or restructuring, according to CreditSights. Holders of lower ranked debt could be wiped out in a worst-case scenario.
Original Source
Read the full article at Bloomberg →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.