Kushner-Backed Israeli Firm Moves to Defend Its Brightline Bonds

AI Summary

An Israeli firm, backed by Jared Kushner, is actively working to manage its investment in the corporate bonds of Florida's Brightline rail project, as the venture finds itself struggling with considerable debt. The firm is preparing for negotiations due to the project's cash flow challenges.

An Israel-based firm has amassed a sizable stake in the corporate bonds of Florida’s Brightline rail project and is gearing up for workout talks, as the cash-strapped venture struggles under its debt pile.