Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research Louisiana Local Govt Envir Facs Comnty Dev Auth

Louisiana Local Government Environmental Facilities&Community Dev Auth Bonds 2010 (LURC/EGSL) Rated

Published Jul 27, 2010

1141 words — Published Jul 27, 2010

Price US$ 150.00 | Buy this Report Now

About This Report

Abstract:

OVERVIEW Louisiana Local Government Environmental Facilities and Community Development Authority's series 2010 bond issuance is a securitization of federally taxable system restoration bond collateral related to Louisiana Utilities Restoration Corp. project/Entergy Gulf States Louisiana LLC. We assigned our ratings to the tranche A-1 through A-3 bonds. The ratings reflect our view of the borrower's irrevocable statutory rights regarding the SRC and the system restoration bond collateral, the transaction's debt service reserve account, and our cash flow stress scenarios, among other factors. NEW YORK (Standard&Poor's) July 27, 2010--Standard&Poor's Ratings Services today assigned its ratings to Louisiana Local Government Environmental Facilities and Community Development Authority's $244.1 million system restoration bonds (Louisiana Utilities Restoration Corp. project/ Entergy Gulf States

Brief Excerpt:

RESEARCH Louisiana Local Government Environmental Facilities & Community Dev Auth Bonds 2010 (LURC/EGSL) Rated Publication date: 27-Jul-2010 Primary Credit Analysts: Jeong-A Kim, New York (1) 212-438-1211; jeonga_kim@standardandpoors.com...

Report Type:

Ratings Action

Issuer

Louisiana Local Govt Envir Facs Comnty Dev Auth

Sector

Global Issuers, Public Finance, Structured Finance

Country

United States

Region

United States

Format:

HTML

Summary: Louisiana Local Government Environmental Facilities&Community Development Authority Louisiana Community&Technical College System; Appropriations – 2011/09/23 – US$ 225.00

Summary: Deutsche Bank Securities Inc. Receipts Series DBE-1012; Joint Criteria; Residual Certificates; Tender Option Certificates/Bonds – 2012/01/04 – US$ 225.00

S&P Corrects Louisiana Community Development Authority 2006 Bonds (Hollybrook) Rating By Reinstating It To 'AA-/A-1+' – 2012/02/28 – US$ 150.00

Summary: Deutsche Bank Securities Inc. Receipts Series DBE-1012 And DBE-1015 Ratings Off Watch Negative; Joint Criteria; Residual Certificates; Tender Option Certificates/Bonds – 2012/03/12 – US$ 225.00

'AAA (sf)' Ratings Affirmed On Seven Classes From Two Stranded Cost Securitizations – 2012/07/16 – US$ 150.00

Louisiana Local Government Environmental Facilities&Community Dev Auth Bonds 2010 (LURC/ELL) Rated – 2010/07/27 – US$ 150.00

Louisiana Local Government Environmental Facilities&Community Dev Auth Bonds 2010 (LURC/ELL) Assigned Prelim Ratings – 2010/07/08 – US$ 150.00

Louisiana Local Government Environmental Facilities&Community Dev Auth Bonds 2010 (LURC/EGSL) Assigned Prelim Ratings – 2010/07/08 – US$ 150.00

Summary: Louisiana Local Government Environmental Facilities And Community Development Authority; Appropriations – 2009/08/05 – US$ 225.00

Local Gov. Environ. Facilities&Comm. Development Auth., LA's Revenue Bonds Raised To 'A+'; Outlook Stable – 2009/08/04 – US$ 150.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Louisiana Local Government Environmental Facilities&Community Dev Auth Bonds 2010 (LURC/EGSL) Rated" Jul 27, 2010. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Louisiana-Local-Government-Environmental-Facilities-Community-Dev-Auth-Bonds-2010-LURC-EGSL-Rated-811390>

APA:	S&P Global Ratings’ Credit Research. (). Louisiana Local Government Environmental Facilities&Community Dev Auth Bonds 2010 (LURC/EGSL) Rated Jul 27, 2010. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Louisiana-Local-Government-Environmental-Facilities-Community-Dev-Auth-Bonds-2010-LURC-EGSL-Rated-811390>

US$ 150.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Residential Mortgage-Backed Securities from one place.