Western Asset Municipal High Income Fund Inc. shares fall 1.60% intraday after Florida Development Finance Corp. remarkets $985 million of municipal bonds for Brightline Florida passenger rail expansion project.

Western Asset Municipal High Income Fund Inc. declined 1.60% in intraday trading. The Florida Development Finance Corp. announced that it will remarket $985 million of municipal bonds for the Brightline Florida passenger rail expansion project. The bonds are special limited obligations, payable solely from and secured by a trust estate.