News
14 May 2025

Fitch cites "not previously reported" expenses in Brightline Florida downgrade

In:
Transport
Region:
Americas

Fitch Ratings has downgraded the operating company debt on the Brightline Florida passenger rail project to BB+ from BBB-, saying that the project has experienced weak demand and higher expenses. In particular, Fitch pointed to "a number of unanticipated expenses that were not previously...

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