New York – (business wire)–On November 7, KBRA assigned a long-term rating of AA- to the Louisiana Local Government Department of Environmental Facilities and Community Development Insurance Assessment Revenue Bonds (Louisiana Insurance Guaranty Institute Project), Series 2022B. The outlook is stable.
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Detailed information on key credit considerations, a sensitivity analysis that examines the factors that may affect these credit ratings and how they may lead to upgrades or downgrades. ESG factors (the key factors behind any change in credit rating or rating outlook) can be found in the full rating report above.
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Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Scheme. In addition, KBRA has been designated by the Ontario Securities Commission as the designated rating agency for the filing of short form prospectuses or prospectuses by issuers of asset-backed securities. KBRA is recognized as a credit rating provider by the National Association of Insurance Commissioners.