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The Bond Buyer: the bondholder deal 'pushes back a Sept. 10 deadline to secure $400 million of equity to Nov. 2', which 'is also the mandatory tender deadline for the bonds'.
The 218-mile line from Enterprise, Nevada, to Rancho Cucamonga broke ground on 22 April 2024 and is planned to start service in late 2029.[1]
The November 2025 Transaction Support Agreement required at least $400 million by 31 March 2026; a 3 August event notice moved the Equity Contribution Condition Deadline from 1 August to 10 September 2026; the $6 billion RRIF loan remains a request.[1]
Brightline West confirmed it was still waiting on the $6 billion federal loan and pursuing a $4 billion bank loan; the Las Vegas station's parking garage off I-15 south of the 215 was nearly complete.[1]
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Wilmar International
