Las Vegas Train Fortress Debt Sale Against Bond Market Skeptics – MENAFN.COM

Las Vegas Train Fortress Debt Sale Against Bond Market Skeptics – MENAFN.COM

(MENAFN – Gulf Times) During the days of the pre-pandemic municipal debt market boom, investors invested nearly $ 2 billion in the United States’ first new privately funded intercity passenger train in a century, allowing Fortress Investment Group to expand its unprofitable line to Orlando.
Now Fortress is back, seeking an additional $ 4.2 billion to build a new railroad to Las Vegas from a…

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