> Financially things are a bit dicey

Brightline missed ("deferred") a bond payment last month:

> Brightline, the private rail line linking Orlando to Miami, refinanced $985M of junior debt at a record-high 14.89% yield, reflecting deep investor concern after delaying a July interest payment on $1.2B in munis. The company, already downgraded deeper into junk by S&P and Fitch, faces falling ridership (53% below projections) and revenue (67% below estimates), plus a potential cash shortfall this quarter without an equity infusion.

https://florida.municipalbonds.com/news/2025/08/15/brightlin...