Story thread · 2 reports / 1 sources

Hedge Funds Diameter, Redwood Purchased Nuveen’s Brightline Debt

bloomberg.com · 3hShare

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.

First report: Nuveen Said to Dump $190 Million of Brightline Debt at 45 Cents — bloomberg.com, 1d