Talk of The Villages Florida - View Single Post - Brightline, not so bright.
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Old 08-01-2025, 08:29 AM
Rainger99 Rainger99 is offline
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Quote:
Originally Posted by dewilson58 View Post
Lost $60,000,000 this last quarter.

Bond Rating dropped to a "B".
This is considered a "highly speculative" rating with "material default risk".

Ouch.
The good news is that they lost about $549 million in 2024 ($137.25 million per quarter) so they aren't losing as much this year.
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