Robert Auwaerter wrote in an inter-office email on July 20, 2019, "If I was Nuveen (who has been reported as to owning over $600 million of their bonds) I would be getting very nervous. If Nuveen starts unloading any of their position the Street will pull away very fast and bond prices will plummet." … Continue reading “If I was Nuveen (who has been reported as owning over $600 million of their [Virgin Trains USA] bonds), I would be getting very nervous.”
TREASURE COAST GOVERNMENT OFFICIALS AND RESIDENTS CONCERNS GROW AS VIRGIN TRAINS DISMISSES SAFETY CONCERNS WITH HD KING PROPERTY PROPOSAL. Virgin Trains USA (formerly known as Brightline) received $1.75 billion dollars from a US Government Program known as Private Activity Tax-Free Bonds (PAB’s) in April. The money was supposed to be used to improve Virgin Trains … Continue reading Florida Real Estate Today: VIRGIN TRAINS DISMISSES SAFETY CONCERNS.
According to David Peter Alan, "Whatever else the future may bring, for the next 20 years, and possibly the next 40, the bold and colorful Brightline brand and logo will disappear. In all likelihood, it will never come back. A brand is a valuable asset, and companies fight hard to protect their brands. Here, Brightline … Continue reading Would You Invest in Virgin Trains USA LLC?
Virgin Trains East Coast Azuma Class 800 101 comes to an unscheduled halt at a red signal at Hampstead Heath station whilst returning to North Pole IEP depot after taking part in the Azuma train media event with Sir Richard Branson at Kings Cross station. ~ ~ ~ On November 16, … Continue reading Will Virgin Trains USA’s Brand Help Former All Aboard Florida/Brightline Raise $ 1.85 Billion?
Our Citizens Against the Train Call to Action sent out Nov. 18 to attend a special meeting of the Indian River County, FL Commissioners on Nov. 20th, 2018 turned out to be critical. By Susan Mehiel / http://www.citizensagainstthetrain.com At 7:45 pm the night before the meeting, we received notice that the meeting would focus on a … Continue reading Train Wreck Times: We are Celebrating Great News!
As you have no doubt read, Indian River County, Martin County and the advocacy group CARE-Florida recently filed a new lawsuit against the U.S. Department of Transportation (DOT) and the Federal Railroad Administration. According to the Palm Beach Post, the lawsuit was filed by Martin and Indian River Counties, along with Citizens against Rail Expansion … Continue reading St. Lucie County, FL is Taking a Different Approach to All Aboard Florida/Brightline…”if it Does Come to Our Area”.
We recently had a reader ask "who owns Grupo México, S.A. de C.V.?" Grupo México, S.A. de C.V., Mexico's largest mining corporation and operator of the nation’s largest rail fleet, completed its acquisition of Miami-based Florida East Coast Railway Holdings (FEC) for $2.1 billion. (FEC's 351 miles of tracks stretch from Miami to Jacksonville, FL) … Continue reading Who Owns Grupo México, S.A. de C.V., Who Acquired Florida East Coast Railway?