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BUSINESSKSAT·1d ago

Brightline reworks debt in bankruptcy court but its high-speed trains will keep running in Florida

Photo · KSAT
AI TLDR · GEMINI

Florida's Brightline train service has secured a $490 million capital infusion as part of a restructuring agreement to reduce its debt.

The Brightline companies that bet more than $5 billion on developing the nation’s only privately held passenger railroad are reworking their debt in bankruptcy court, but the bright yellow trains will continue running between Miami and Orlando.

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