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Brightline Florida’s day of reckoning with its lenders may be coming soon.
The privately owned, 235-mile railroad connecting Miami and Orlando, Florida, faces a July 15 deadline to make a payment on $985 million in “commuter” bonds, according to The Bond Buyer. The Florida Development Finance Corp., which issued the bonds, previously agreed with bondholders to defer payment from Feb. 17 to July 1, and then to July…