Louisiana Scores Upgrade Hat Trick as Moody's Raises GOs to A1

DeSue, Tedra
July 2003
Bond Buyer;7/21/2003, Vol. 345 Issue 31681, p40
Trade Publication
Reports that ratings firm Moody's Investors Service Inc. on July 18, 2003 upgraded Louisiana's general obligation bond rating. Revelation that the firm has upgraded ratings of the state for the third time in 2003; Factors that contributed to the upgradation of the rating; Views of the ratings agency Moody's on balance of reserve and trust funds of the state; Ratings given by Fitch Ratings Inc. and Standard & Poor's Corp. to state's bond.


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