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Summary: Louisiana Public Facilities Authority; Joint Criteria

Published Dec 12, 2007

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About This Report

Abstract:

Standard&Poor's Ratings Services affirmed its 'AAA/A-1+' rating on Louisiana Public Facilities Authority's equipment and capital facilities pooled loan program adjustable-rate revenue bonds series 2002C due to the bank facility being extended to Dec. 22, 2012. The long- and short-term components of the rating are based on the application of joint support criteria assuming medium correlation and reflect the ratings of a irrevocable front line LOC provided Hibernia National Bank (A-/A-2) and a confirming LOC from Branch Banking Trust Co. (AA-/A-1+).

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

Louisiana Public Facilities Authority Series 1994 'BBB' Rating Withdrawn – 2008/07/08 – US$ 150.00

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MLA:	S&P Global Ratings’ Credit Research. "Summary: Louisiana Public Facilities Authority; Joint Criteria" Dec 12, 2007. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Louisiana-Public-Facilities-Authority-Joint-Criteria-619266>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Louisiana Public Facilities Authority; Joint Criteria Dec 12, 2007. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Louisiana-Public-Facilities-Authority-Joint-Criteria-619266>

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