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BUSINESSBloomberg Markets·12h ago

Hedge Funds Diameter, Redwood Bought Nuveen Brightline Debt

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Hedge funds Diameter Capital Partners, Redwood Capital, and FourSixThree Capital purchased approximately $190 million in Brightline municipal bonds from Nuveen.

Distressed-debt hedge funds Diameter Capital Partners, Redwood Capital and FourSixThree Capital bought about $190 million of Brightline’s municipal bonds from Nuveen this week, according to people familiar with the matter.

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