Fitch Lifts Louisiana To Stable

Desue, Tedra
August 2006
Bond Buyer;8/14/2006, Vol. 357 Issue 32444, p1
Trade Publication
The article reports on the move of Fitch Ratings Inc. to revise its rating from negative to A on general obligation state bonds of Louisiana. The increased in bond ratings is in line with the change in the negative outlook of Moody's Investors Service Inc. Laura Porter, analyst, commented that the revision had reflected the financial development of the state after it was hit by hurricanes Katrina and Rita in 2005.


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