Hibernia LOC Debt Gets Lift

deSe, Tedra
May 2006
Bond Buyer;5/25/2006, Vol. 356 Issue 32389, p35
Trade Publication
The article reports on Standard & Poor's Corp.'s move of raising its rating on nine Hibernia National Bank letter of credit-backed issues in Louisiana. Ratings for those issues were raised to BBB-plus from BBB. The bank's rating was also similarly upgraded. The issues totaled 188 million dollars and included equipment and capital facility pooled loan program revenue bonds.


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