Macro Finance
Nuveen Said to Dump $190 Million of Brightline Debt at 45 Cents
Bloomberg Markets·September 29, 2026·1 min read
Nuveen LLC sold its entire position in Brightline's senior uninsured municipal bonds this week, offering about $190 million of the bankrupt railroad's debt at 45 cents on the dollar, according to people familiar with the matter. The sale triggered a flurry of trading in the bonds, which have been volatile since Brightline filed for bankruptcy.
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