Virgin Trains USA (formerly Brightline) has closed on $1.75 billion in private activity bonds (PABs) underwritten by Morgan Stanley and purchased by 67 different investors to help fund the company’s ...

Virgin Trains USA postponed its much anticipated initial public offering, claiming it found “alternative financing” to stay private.

Virgin Trains USA has a big idea: Make train travel a hip, convenient alternative to driving in some of the most autocentric parts of the country. Backed by Fortress Investment Group private ...

Miami-based Virgin Trains USA LLC, previously known as Brightline before it rebranded itself following a 2018 partnership forged with Virgin Enterprises Ltd. and founder Richard Branson, has canceled ...

Virgin Trains USA scraps stock offering, remaining private with 'alternate financing' Arnie Rosenberg Treasure Coast Newspapers 0:04 ...

Actually getting Americans out of their beloved cars and into Virgin's trains. But Goddard has a plan for that, too. We checked in to see how, exactly, he's going to make Virgin Trains USA work.

Virgin Trains USA, formerly Brightline, closed on the sale of $1.75 billion in private activity bonds that will help fund the company's expansion to Orlando, according to a statement issued Friday.

The private train company formerly known as Brightline, now Virgin Trains USA, quietly filed with the Securities and Exchange Commission to become a publicly traded company.

Like a big moving train that stops abruptly on the track, the Virgin Trains USA initial public offering (IPO) was abruptly canceled earlier this.

A company is gathering funds and high-profile political and business leaders to bring 311 mile per hour trains to the United States.

California may allocate a portion of its limited tax-exempt financing allotment to a proposed private train to Las Vegas even as it grapples with the expanding fallout of the coronavirus pandemic.

Texans are turning the tables on how to pay for nationally critical infrastructure projects, leading the way with a high-speed train project that relies on the expertise of private entrepreneurs ...