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Connector 2000 Association Inc., S.C.'s Bond Rating Lowered To 'C' And Placed On Watch Negative

Standard & Poor's Ratings Services lowered its rating to 'C' from 'CC' on Connector 2000 Association Inc. of Greenville, S.C.'s bonds and placed the rating on CreditWatch with negative implications. "The rating actions reflect our view that a payment default on the senior-lien bonds is expected to occur on the...