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

Published May 03, 2005

407 words — Published May 03, 2005

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About This Report

Abstract:

Standard&Poor's Ratings Services placed its rating on Louisiana Public Facilities Authority equipment and capital facility pooled program variable-rate revenue bonds series 2002C on CreditWatch with negative implications. This action follows Standard&Poor's placement of Hibernia National Bank, New Orleans, La., one of the LOC providers on CreditWatch with negative implications. The rating is based on joint criteria applied to an irrevocable front line LOC from Hibernia National Bank ('A-/A-2') and a confirming LOC from Branch Banking&Trust Co. ('A+/A-1').

Brief Excerpt:

RESEARCH Summary: Louisiana Pub Fac Auth; Public Finance Structured, Joint Criteria Publication date: 03-May-2005 Credit Profile AFFIRMED $15.620 mil. Louisiana Pub Fac Auth equip & cap fac pooled ln prog adj rate rev bnds ser 2002C...

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" May 03, 2005. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Louisiana-Pub-Fac-Auth-Public-Finance-Structured-Joint-Criteria-437829>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Louisiana Pub Fac Auth; Public Finance Structured, Joint Criteria May 03, 2005. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Louisiana-Pub-Fac-Auth-Public-Finance-Structured-Joint-Criteria-437829>

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