WASHINGTON — Senior bondholders of a South Carolina toll road’s debt are claiming they are owed at least $237.8 million as they continue to wrestle with state transportation officials over a debt restructuring plan.

Last week, U.S. Bank NA, the trustee for the senior bondholders, disclosed in a material event notice that it has filed a claim for at least $237.8 million of principal plus the accreted value of capital appreciation bonds and the accrued value of current-interest bonds.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.