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WASHINGTON — The trustee for millions of dollars of toll revenue bonds issued in 1998 to finance South Carolina’s first publicly owned and privately built toll road, the Southern Connector Project, is warning investors that the bonds will probably default on Jan. 1, 2010, because of insufficient revenue.
October 8 -
The South Carolina Transportation Infrastructure Bank expects to competitively sell today $93.6 million of revenue bonds to refund debt issued between 1998 and 2000.
September 16