Mayer Brown advises on Proximo's 2024 "North America Refinancing Deal of the Year” award

Mayer Brown advised on the $5.35 billion refinancing for the Brightline Florida Passenger Rail Project, which received “Refinancing Deal of the Year” at the 2024 Proximo North America Deal of the Year Awards. The annual awards recognize landmark financings within the project, infrastructure, and energy finance sectors.

Led by partners David Narefsky, George Miller, and David Bakst, the Mayer Brown team advised Morgan Stanley on a groundbreaking transaction that refinanced debt originally incurred to support design, development, and construction of Brightline Florida. As the first privately owned passenger rail system to be developed in the US in a century, Brightline is transforming one of the nation’s most heavily traveled transportation corridors on the East Coast.

This award marks another success in Mayer Brown’s series of award-winning deals featuring its work on the Brightline Florida Passenger Rail Project, which has won awards from The Bond Buyer, P3 Bulletin, Smith's Research & Gradings, and IJGlobal.

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