Greenville Southern Connector up for concession offers – not-for-profit ailing

Trash Dispatch: “The Greenville Southern Connector (GSC) is on offer to patient investors. As a not-for-profit (NFP) tollroad financed with conventional fixed interest bonds it is inexorably going broke. Last summer the Connector 2000 Association (C2A) was approached by an investor group (identify still undisclosed) with a proposal to take over the ailing non-profit, says general manager Peter Femia.“

[link] “Greenville Southern Connector up for concession offers – not-for-profit ailing”