'AAA (sf)' Ratings Affirmed On Six Classes From Two Louisiana Stranded Cost Securitizations - S&P Global Ratings’ Credit Research

'AAA (sf)' Ratings Affirmed On Six Classes From Two Louisiana Stranded Cost Securitizations

'AAA (sf)' Ratings Affirmed On Six Classes From Two Louisiana Stranded Cost Securitizations - S&P Global Ratings’ Credit Research
'AAA (sf)' Ratings Affirmed On Six Classes From Two Louisiana Stranded Cost Securitizations
Published Jul 16, 2015
Published Jul 16, 2015
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Abstract:

OVERVIEW We affirmed our ratings on six classes of system restoration bonds from two stranded cost securitizations. The affirmations reflect our view of the credit enhancement provided by the true-up mechanisms and reserve accounts and the servicer's demonstrated servicing ability, per our criteria for stranded cost securitizations. NEW YORK (Standard&Poor's) July 16, 2015--Standard&Poor's Ratings Services today affirmed its 'AAA (sf)' ratings on three classes of system restoration bonds from Louisiana Local Government Environmental Facilities and Community Development Authority series 2010 (Louisiana Utilities Restoration Corp. Project/Entergy Gulf States Bonds Louisiana LLC) and three classes of system restoration bonds from series 2010 (Louisiana Utilities Restoration Corp. Project/Entergy Louisiana LLC) (see list). Both transactions are stranded cost securitizations backed

  
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Ratings Action

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Global Issuers, Public Finance, Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "'AAA (sf)' Ratings Affirmed On Six Classes From Two Louisiana Stranded Cost Securitizations" Jul 16, 2015. Alacra Store. May 03, 2025. <http://www.alacrastore.com/s-and-p-credit-research/AAA-sf-Ratings-Affirmed-On-Six-Classes-From-Two-Louisiana-Stranded-Cost-Securitizations-1418812>
  
APA:
S&P Global Ratings’ Credit Research. (). 'AAA (sf)' Ratings Affirmed On Six Classes From Two Louisiana Stranded Cost Securitizations Jul 16, 2015. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/AAA-sf-Ratings-Affirmed-On-Six-Classes-From-Two-Louisiana-Stranded-Cost-Securitizations-1418812>
  
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