Louisiana Public Facility Authority Orleans Parish School Board/Plaquemines Parish School Board/Monroe City School Board/Lafayette Parish School Board/East Baton Rouge Parish School Board; Tax Secured, Note - S&P Global Ratings’ Credit Research

Louisiana Public Facility Authority Orleans Parish School Board/Plaquemines Parish School Board/Monroe City School Board/Lafayette Parish School Board/East Baton Rouge Parish School Board; Tax Secured, Note

Louisiana Public Facility Authority Orleans Parish School Board/Plaquemines Parish School Board/Monroe City School Board/Lafayette Parish School Board/East Baton Rouge Parish School Board; Tax Secured, Note - S&P Global Ratings’ Credit Research
Louisiana Public Facility Authority Orleans Parish School Board/Plaquemines Parish School Board/Monroe City School Board/Lafayette Parish School Board/East Baton Rouge Parish School Board; Tax Secured, Note
Published Sep 26, 2003
Published Sep 26, 2003
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services assigned its 'SP-1+' rating to Louisiana Public Facilities Authority's (LPFA) series 2003D-2003H advance-funding notes, issued for Orleans Parish School Board, Plaquemines Parish School Board, Monroe City School Board, Lafayette Parish School Board, and East Baton Rouge Parish School Board. The rating reflects: An alternative security mechanism in case of debt service deficiencies by participating school districts, A general fund pledge of each of the districts, and A strong debt service coverage by net general fund cash balances at the segregation dates. When the notes are issued, each school board will enter into a purchase agreement with LPFA, providing for the purchase of that board's anticipation certificates by LPFA. The notes will provide funds to purchase

  
Report Type:

Full Report

Ticker
LASFAC
Issuer
Louisiana Public Facilities Authority
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Louisiana Public Facility Authority Orleans Parish School Board/Plaquemines Parish School Board/Monroe City School Board/Lafayette Parish School Board/East Baton Rouge Parish School Board; Tax Secured, Note" Sep 26, 2003. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Louisiana-Public-Facility-Authority-Orleans-Parish-School-Board-Plaquemines-Parish-School-Board-Monroe-City-School-Board-Lafayette-Parish-School-Board-East-Baton-Rouge-Parish-School-Board-Tax-Secured-Note-335658>
  
APA:
S&P Global Ratings’ Credit Research. (). Louisiana Public Facility Authority Orleans Parish School Board/Plaquemines Parish School Board/Monroe City School Board/Lafayette Parish School Board/East Baton Rouge Parish School Board; Tax Secured, Note Sep 26, 2003. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Louisiana-Public-Facility-Authority-Orleans-Parish-School-Board-Plaquemines-Parish-School-Board-Monroe-City-School-Board-Lafayette-Parish-School-Board-East-Baton-Rouge-Parish-School-Board-Tax-Secured-Note-335658>
  
US$ 500.00
$  £  €
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