Louisiana Gearing Up for Even More Debt

DeSue, Tedra
July 2006
Bond Buyer;7/21/2006, Vol. 357 Issue 32428, p1
Trade Publication
The article reports that the State Bond Commission has approved a resolution that leads to an estimated $800 million in debt by Louisiana. The resolution includes long-term debt to finance projects that have been funded with lines of credit. The state could provide $500 million of general obligation bonds for the projects. Commission executive director Whit King said that the state is planning to regain it pattern of issuing about $300 million annually.


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