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FOR IMMEDIATE RELEASE
CONNECTOR 2000 ASSOCIATION SELECTS
GOLDMAN SACHS & CO.
TO EXPLORE POSSIBILITY OF RESTRUCTURING
Greenville, SC - February 11, 2008
- The Connector 2000 Association,
the governing body of the Southern
Connector, today announced that they
have selected Goldman Sachs & Co. to
become a special financial
consultant working with the
Association to explore strategic
alternatives related to the
Association's existing capital
structure.
Goldman, Sachs & Co. is a leading
global investment banking,
securities and investment management
firm providing a wide range of
services worldwide to a substantial
and diversified client base that
includes corporations, financial
institutions, governments and high
net worth individuals. It has
substantial experience in advising
and financing infrastructure
projects, in addition to serving as
an advisor to governmental entities
around the world.
The 16-mile Southern Connector was
opened in 2001, eight and a half
months ahead of schedule and under
budget. The road was built with
private money through a unique
public-private partnership. No tax
money was used for construction of
the road. The Southern Connector has
been an important component of the
growth and development taking place
in Southern Greenville County, and
it is providing an attractive
alternate route to many motorists
and truckers seeking to avoid
congestion on Interstate Highways 85
and 385. The Connector has enjoyed
strong traffic and revenue growth
since its opening in 2001.
For more information, contact: Tim
Brett (864) 239-0616 |
