The rating on Louisiana Public Facilities Authority's revenue bonds Tiger Athletic Foundation project series 1999 bonds, based on letters of credit supplied by Bank of New York and Hibernia National Bank, New Orleans, has been lowered to 'A-/A-2' from 'AA+/A-1+' due to the Bank of New York Co. Inc. letter of credit expiring. The rating is now based solely on the letter of credit provided by Hibernia National Bank, New Orleans. This letter of credit is scheduled to expire on March 30, 2009. Complete ratings information is available to subscribers of RatingsDirect, Standard&Poor's Web-based credit analysis system, at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard&Poor's public Web site at www.standardandpoors.com;
