South Carolina Connector Toll Road Draws on Reserves for Debt Service

DeSue, Tedra
July 2004
Bond Buyer;7/13/2004, Vol. 349 Issue 31924, p3
Trade Publication
Reports on the re-enforcement of the debt service reserve fund for the multimillion-dollar revenue bonds sold by the Connector 2000 Association Inc. in 1998 to build a toll road in Greenville, South Carolina. Sources of funds for the payment; Rate given by Standard & Poor's to the uninsured debt; Impact of the withdrawals from the senior reserve fund on the debt service.


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