Louisiana Transportation Authority Bonds Hit by Fitch Downgrades

DeSue, Tedra
May 2006
Bond Buyer;5/10/2006, Vol. 356 Issue 32378, p3
Trade Publication
The article reports on the effects of Hurricane Katrina on the Louisiana Transportation Authority debt assignment in Louisiana. Credit ratings by Fitch Ratings Inc. downgraded about a total of 161 million dollars in senior-lien toll revenue bonds, senior-lien toll revenue capital appreciation bonds, and the subordinate-lien toll revenue bond anticipation notes to A from A-plus.


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