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Nuveen’s John Miller, the biggest backer of Fortress Investment Group Inc.’s Brightline passenger railroad in Florida, had been skeptical of plans to forge ahead swiftly with a multi-billion dollar venture to build a second line running between Southern California and Las Vegas.
October 21 -
The Fortress Investment Group-backed passenger railroad in Florida, Brightline Holdings LLC, is offering to buy back as much as $250 million of bonds from investors for 100 cents on the dollar, about 17% more than where some of the securities have been trading.
October 21 -
Toll collections on the Garcon Point Bridge have been suspended since mid-September because of Hurricane Sally, pitting the bond trustee against the state of Florida again.
October 21 -
Bryant Miller Olive PA has practiced public finance and governmental law across the Sunshine State and the Southeast for five decades.
October 9 -
Disney in late September said it would lay off 28,000 employees at California's Disneyland and Florida's Walt Disney World resorts.
October 8 -
Florida is taking public comments about a toll road program that would add more than 300 miles of highway across broad swaths of the state.
October 7 -
The U.S. Supreme Court denied Indian River County, Florida's request for a writ of certiorari, leaving Brightline's bond financing intact.
October 6 -
Georgia's MEAG Power, Jacksonville, Florida, and its utility, JEA, received two-notch rating boosts from Moody’s after settling their federal lawsuit.
October 2 -
Even with revised estimates amid the pandemic, year-over-year revenue collections in Florida were down 4.6% in August compared with 2019.
September 28 -
Florida State University's voluntary disclosure on lower dormitory occupancy is an example of providing timely information, Moody's Investors Service said.
September 24