Takeaways by Bloomberg AI
- Brightline Trains Florida skipped its second interest payment on $1.2 billion of subordinate municipal bonds, according to a regulatory filing.
- The private railroad deferred a Jan. 15 interest payment on debt sold by a subsidiary, and also executed an amendment to its $985 million of commuter bonds.
- Brightline is examining its entire balance sheet and restructuring talks with bondholders are ongoing, as the company struggles to boost ridership and revenue.
Bloomberg Markets
By Soma Biswas and Martin Z Braun
January 16, 2026