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Hedge Funds Diameter, Redwood Purchased Nuveen’s Brightline Debt

Bloomberg Markets·September 30, 2026·1 min read

Distressed-debt hedge funds Diameter Capital Partners, Redwood Capital, and FourSixThree Capital purchased about $190 million of Brightline's municipal bonds from Nuveen this week, according to people familiar with the matter. The acquisition signals growing interest in the high-speed rail operator's debt amid its financial restructuring.

Read at Bloomberg Markets
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