By Scott Powers, FloridaPolitics.com; March 22, 2019
Virgin Trains USA has issued a new bond sale prospectus parparing for the issuance of $1.5 billion in private activity bonds to finance its planned South Florida to Miami higher-speed passenger train.
The new prospectus, issued Wednesday, provides newly-released or revised details for the company’s plans to run passenger trains in Florida, including suggesting it may seek second stations in Miami, at PortMiami, and Fort Lauderdale, at the Fort Lauderdale-Hollywood International Airport, to expand the passenger train service already connecting Miami, Fort Lauderdale and West Palm Beach.