OVERVIEW Louisiana Local Government Environmental Facilities and Community Development Authority's ELL series 2014 issuance is an ABS transaction backed by system restoration charges. We assigned our ratings to the class A1 and A2 bonds. The ratings reflect our view of the trust's structure and each class' ability to withstand our cash flow stress scenarios, among other factors. NEW YORK (Standard&Poor's) Aug. 6, 2014--Standard&Poor's Ratings Services today assigned its ratings to Louisiana Local Government Environmental Facilities and Community Development Authority's $243.85 million Louisiana Utilities Restoration Corp. Project/ ELL series 2014 system restoration bonds (see list). The bond issuance is an asset-back securities transaction backed by system restoration charges. The ratings reflect our view of the trust's structure
