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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.
ByAinvest
Wednesday, Jul 30, 2025 2:38 pm ET1min read
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.
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