DesertXpress (Brightline West) TEFRA notice for additional bond tranche
Summary
IBank issued TEFRA notice for January 14, 2025 public hearing regarding DesertXpress Enterprises, LLC private activity bonds. This signals an upcoming bond issuance following IBank's pattern of annual bond tranches for Brightline West since 2023.
Details
Additional bond financing typically precedes increased procurement and consulting activity for the Las Vegas-Rancho Cucamonga rail project.
Private activity bond proceeds flowing to Brightline West high-speed rail construction
[ " D e s e r t X p r e s s E n t e r p r i s e s , L L C " , " B r i g h t l i n e W e s t " , " C a l i f o r n i a I B a n k " ]
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