KBRA Releases Report Assigning an A+ Rating with a Stable Outlook to the State of Louisiana Economic Damages Revenue Bonds [LA 1/LA 415 Connector Project] (TIFIA)

This Report Press Release supersedes an earlier version which referenced an incorrect rating in the opening paragraph.

On November 21, 2023, KBRA assigned a long-term rating of A+ with a Stable Outlook to a maximum of $94.2 million of State of Louisiana Economic Damages Revenue Bonds [LA 1/LA 415 Connector Project] (TIFIA), with a final maturity of September 1, 2033. At the same time, KBRA affirmed the long-term rating of A+ for parity debt. The Outlook remains Stable.

To access rating and relevant documents, click here.

Click here to view the report.