Want to buy stock in Virgin Trains USA (Brightline)? Here’s the price
A new SEC filing indicates a price of $17 to $19 a share for the Virgin Trains USA LLC stock offering, which is expected to be listed on NASDAQ under the symbol VTUS. The SEC filing registers 32.58 million shares, which would be roughly worth $619 million.
Virgin Trains USA is the new name for Brighline, which operations passenger trains between Miami and West Palm Beach. The company is working on an extension to Orlando and then Tampa.
The underwriters include some of the biggest names on Wall Street: Barclays, J.P. Morgan, Morgan Stanley, BofA Merrill Lynch, Allen & Co., JMP Securities and Raymond James. The underwriters have the option to purchase up to an additional 4.25 million shares at the IPO price.
An affiliate of Virgin Enterprises has an agreement to buy less than 2 percent of the shares after the IPO. Affiliates of current owner Fortress Investment Group will own 79.5 to 81.6 percent of the stock.
Click here to see the SEC filing.
lewis starkPosted at 02:39h, 13 April
when can i buy stock in the brite line west –vtus
Kenneth MuskellyPosted at 01:45h, 02 July
I would like to obtain stock shares in Brightline Train
Gerry LeePosted at 18:14h, 15 July
Interested in buying stock..
Robert WhealtonPosted at 03:33h, 18 November