TITLE

Standard & Poor's Downgrades South Carolina Toll Road Bonds to Junk

AUTHOR(S)
DeSue, Tedra
PUB. DATE
January 2003
SOURCE
Bond Buyer;1/10/2003, Vol. 343 Issue 31550, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that several million dollars of bonds issued by the Connector 2000 Association Inc. in South Carolina in 1998 for a toll road in Greenville County have been downgraded to junk status by ratings company Standard & Poor's Corp. as of January 2003. Reasons for the downgradation; Ratings awarded to the association; Reaction of the bond counsel for the association to the downgrade.
ACCESSION #
8960490

 

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