Muni Lowdown: Brightline bust

Brightline Holdings LLC’s USD 2.4bn Brightline West high-speed train bond offering, which the company days ago yanked off the market, was derailed by its massive size and the project’s speculative nature, according to three portfolio managers. Debtwire Municipal reporters Caitlin Devitt and Kathie O'Donnell do a post-mortem on the failed deal. Related video: https://acuris.wistia.com/medias/y0yhom5qc5 Yong Lim, the Debtwire Municipals desk editor, is the moderator of the podcast. The Muni Lowdown is a weekly podcast recapping the previous week's significant news developments in the municipal bond market. For comments or questions contact [email protected]