Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research Louisiana Public Facilities Authority

Summary: Louisiana Pub Fac Auth; Public Finance Structured, Joint Criteria

Published Apr 22, 2002

360 words — Published Apr 22, 2002

Price US$ 225.00 | Buy this Report Now

About This Report

Abstract:

The long-term rating on Louisiana Public Facility Authority, variable-rate equipment and capital facility pooled loan program revenue bonds series 2001A, is based upon the joint support of a LOC provided by Hibernia National Bank, New Orleans, La. ('BBB+/A-2'; outlook stable) and a confirming LOC provided by KBC Bank N.V. ('A+/A-1'; outlook negative). The short-term rating is based solely on the confirming LOC provided by KBC Bank N.V. The LOC and the confirming LOC are scheduled to expire on Jan. 30, 2006, and Jan. 30, 2003, respectively.

Brief Excerpt:

RESEARCH Summary: Louisiana Pub Fac Auth; Public Finance Structured, Joint Criteria Publication date: 22-Apr-2002 Credit Profile AFFIRMED $10.300 mil. Louisiana Pub Fac Auth var rate equip and capital fac pooled loan prog rev bnds ser...

Report Type:

Summary

Ticker

LASFAC

Issuer

Louisiana Public Facilities Authority

Sector

Global Issuers, Public Finance, Structured Finance

Country

United States

Region

United States

Format:

PDF

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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.

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Summary: Louisiana Pub Fac Auth; Public Finance Structured, Joint Criteria" Apr 22, 2002. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Louisiana-Pub-Fac-Auth-Public-Finance-Structured-Joint-Criteria-241615>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Louisiana Pub Fac Auth; Public Finance Structured, Joint Criteria Apr 22, 2002. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Louisiana-Pub-Fac-Auth-Public-Finance-Structured-Joint-Criteria-241615>

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