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

 

Related Articles

  • Boston to Sell $200 Million in GOs and Bans. McDonald, Michael // Bond Buyer;2/6/2003, Vol. 343 Issue 31568, p4 

    Focuses on the proposed sale of multi-million dollar bonds and bond anticipation notes by Boston, Massachusetts. Electronic bidding system on which the bonds and notes are being priced; Components that make up the deal; Bond ratings by various rating agencies.

  • NEWS IN BRIEF. Newman, Emily // Bond Buyer;9/25/2003, Vol. 345 Issue 31727, p2 

    Reports developments related to the bond market in the U.S. as of September 2003. Marketing of general obligation bonds; Improvement of the bond rating of Catholic Healthcare West; Decline of the bond rating of the Massachusetts Health and Educational Facilities Authority.

  • Endangered Issues. Sigo, Shelly // Bond Buyer;9/25/2003, Vol. 345 Issue 31727, p31 

    Reports on the declining rating on zoo bonds issued by Palm Beach County by Fitch Ratings in Florida.

  • Hillcrest Stays Put. Williams, Rochelle // Bond Buyer;10/3/2003, Vol. 346 Issue 31733, p43 

    Reports on the bond rating for the outstanding Series 2000 bonds of the Montana Health Facilities Authority.

  • GOs to Go. Williams, Rochelle // Bond Buyer;10/3/2003, Vol. 346 Issue 31733, p43 

    Reports on the rating for state general obligation bonds in Nevada.

  • AA Affirmed. Williams, Rochelle // Bond Buyer;10/3/2003, Vol. 346 Issue 31733, p43 

    Reports on the rating for state general obligation bonds in Washington.

  • Orange County, Fla., and Miami Get Mixed Moody's News. Sigo, Shelly // Bond Buyer;12/26/2001, Vol. 338 Issue 31291, p5 

    Reports on the ratings given by the rating agency, Moody's Investors Service on Orange County tourist development tax-backed bonds as of December 2001. Reasons for taking action on Orange County's tourist tax debt; Effect of September 11 terrorist attacks on the tourists; Basis of the ratings...

  • New Jersey's Middlesex County May Lose Top Rating. Braun, Martin Z. // Bond Buyer;12/28/2001, Vol. 338 Issue 31293, p4 

    Reports that Middlesex County, New Jersey is on the verge of losing its top rating as its general fund is facing deficits at the county-run, long-term care facility. Effects of the fund deficit on the health care facilities; Impacts of the rating downgrade on the county's fund reserves.

  • NEW MEXICO: Double-A Academy. Victory, Darren // Bond Buyer;2/5/2002, Vol. 339 Issue 31318, p29 

    Reports on the rating upgradation of school Albuquerque Academy's outstanding revenue bond debt by the U.S.-based rating agency Standard & Poor's Corp. Overview of the school's performance; Plan made by the school to refund debts and issue bonds.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics