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Hedge Funds Diameter, Redwood Purchased Nuveen’s Brightline Debt

Key Points

Distressed-debt hedge funds Diameter Capital Partners, Redwood Capital and FourSixThree Capital bought about $190 million of Brightline’s municipal bonds from Nuveen this week, according to people familiar with the matter.

Distressed-debt hedge funds Diameter Capital Partners, Redwood Capital and FourSixThree Capital bought about $190 million of Brightline’s municipal bonds from Nuveen this week, according to people familiar with the matter.
Redwood (PERSON) Nuveen (ORG) Diameter Capital Partners (ORG) Redwood Capital (ORG) Brightline (ORG)
Originally published by Bloomberg Markets Read original →