Virgin Trains USA announces initial public offering of up to $619 million to support Brightline expansion

By Richard Danielson, Tampa Bay Times; January 30, 2019

Virgin Trains USA, the Sir Richard Branson-backed company that has partnered with Florida’s Brightline passenger train, on Wednesday announced an initial public offering of stock to raise up to $619 million.

Altogether, Virgin Trains is offering to sell more than 32.5 million shares of stock at $17 to $19 per share. The shares will be listed on the Nasdaq stock exchange under the ticker symbol VTUS.

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