{"id":12094,"date":"2026-05-27T23:57:00","date_gmt":"2026-05-27T21:57:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=c68b0130e3d736fc45f636f21ecc6584"},"modified":"2026-05-27T23:57:00","modified_gmt":"2026-05-27T21:57:00","slug":"kbra-assigns-aa-rating-to-state-of-louisiana-general-obligation-refunding-bonds-series-2026-b","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=12094","title":{"rendered":"KBRA Assigns AA Rating to State of Louisiana General Obligation Refunding Bonds, Series 2026-B"},"content":{"rendered":"<p>NEW YORK--(BUSINESS WIRE)--<a href=\"https:\/\/twitter.com\/hashtag\/creditratingagency?src=hash\" >#creditratingagency<\/a>--KBRA assigns a long-term rating of AA with a Stable Outlook to the State of Louisiana General Obligation Refunding Bonds, Series 2026-B.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260527933495\/en\/2816655\/5\/kbra-logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260527933495\/en\/2816655\/22\/kbra-logo.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260527933495\/en\/2816655\/5\/kbra-logo.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260527933495\/en\/2816655\/21\/kbra-logo.jpg\" \/><\/a><p>\n<strong>Key Credit Considerations<\/strong><\/p><p>\nThe rating action reflects the following key credit considerations:<\/p><p>\nCredit Positives<\/p><ul class=\"bwlistsquare\">\n<li>\nConservative budget practices and pandemic-related federal assistance have resulted in historically large reserves and liquidity as of FYE 2025.<\/li>\n<li>\nLow tax supported debt ratios and affordable pension commitments contribute to low fixed cost burden.<\/li>\n<li>\nEfforts to restructure major taxes may yield increased economic competitiveness and growth over time.<\/li>\n<\/ul><p>\nCredit Challenges<\/p><ul class=\"bwlistsquare\">\n<li>\nWeak socioeconomic metrics relative to other U.S. States.<\/li>\n<li>\nModerate exposure to energy price volatility reflecting its sizable oil and gas industry.<\/li>\n<li>\nVulnerability of economic base to hurricane events and coastal erosion.<\/li>\n<\/ul><p>\n<strong>Rating Sensitivities<\/strong><\/p><p>\nFor Upgrade<\/p><ul class=\"bwlistsquare\">\n<li>\nSustained improvement in economic indicators including per capita income, employment, educational attainment and population growth.<\/li>\n<\/ul><p>\nFor Downgrade<\/p><ul class=\"bwlistsquare\">\n<li>\nA significant reduction in budgetary reserves and liquidity.<\/li>\n<li>\nFurther weakening of existing trends in economic and demographic indicators.<\/li>\n<\/ul><p>\nTo access ratings and relevant documents, click <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fissuers%2F60056%2Fissuer-ratings&amp;esheet=54542940&amp;newsitemid=20260527933495&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=706b1ef48c02be7a63ef59bcca1d917e\" rel=\"nofollow\" shape=\"rect\">here<\/a>.<\/p><p>\n<strong>Methodology<\/strong><\/p><ul class=\"bwlistsquare\">\n<li>\n<a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fpublications%2FCVjRNFvX&amp;esheet=54542940&amp;newsitemid=20260527933495&amp;lan=en-US&amp;anchor=Public+Finance%3A+U.S.+State+General+Obligation+Rating+Methodology&amp;index=2&amp;md5=a127ba2c8c7dd44d2e64f28f1044a43f\" rel=\"nofollow\" shape=\"rect\">Public Finance: U.S. State General Obligation Rating Methodology<\/a><\/li>\n<\/ul><p>\n<strong>Disclosures<\/strong><\/p><p>\nA description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Fissuers%2F60056%2Fdisclosures&amp;esheet=54542940&amp;newsitemid=20260527933495&amp;lan=en-US&amp;anchor=here&amp;index=3&amp;md5=a52d06cd15afa37b146e219a2081377e\" rel=\"nofollow\" shape=\"rect\">here<\/a>.<\/p><p>\nInformation on the meaning of each rating category can be located <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com%2Funderstanding-ratings%2Frating-scales%2Flong-term-credit-rating&amp;esheet=54542940&amp;newsitemid=20260527933495&amp;lan=en-US&amp;anchor=here&amp;index=4&amp;md5=9c9dd4dd0a3e67b931791cbf09de7baf\" rel=\"nofollow\" shape=\"rect\">here<\/a>.<\/p><p>\nFurther disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.kbra.com&amp;esheet=54542940&amp;newsitemid=20260527933495&amp;lan=en-US&amp;anchor=www.kbra.com&amp;index=5&amp;md5=fc30b9da1b2ae5960dd46db95ce5ee9f\" rel=\"nofollow\" shape=\"rect\">www.kbra.com<\/a>.<\/p><p>\n<strong>About KBRA<\/strong><\/p><p>\nKroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA 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. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan\u2019s Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S.<\/p><p>\nDoc ID: 1014966<\/p><br\/> <b>Contacts<\/b> <br\/><p>\n<strong>Analytical Contacts<\/strong><\/p><p>\nPeter Scherer, Senior Director (Lead Analyst)\n<br\/>+1 646-731-2325\n<br\/><a  href=\"mailto:peter.scherer@kbra.com\" rel=\"nofollow\" shape=\"rect\">peter.scherer@kbra.com<\/a><\/p><p>\nLinda Vanderperre, Managing Director\n<br\/>+1 646-731-2482\n<br\/><a  href=\"mailto:linda.vanderperre@kbra.com\" rel=\"nofollow\" shape=\"rect\">linda.vanderperre@kbra.com<\/a><\/p><p>\nDouglas Kilcommons, Managing Director (Rating Committee Chair)\n<br\/>+1 646-731-3341\n<br\/><a  href=\"mailto:douglas.kilcommons@kbra.com\" rel=\"nofollow\" shape=\"rect\">douglas.kilcommons@kbra.com<\/a><\/p><p>\n<strong>Business Development Contacts<\/strong><\/p><p>\nWilliam Baneky, Managing Director\n<br\/>+1 646-731-2409\n<br\/><a  href=\"mailto:william.baneky@kbra.com\" rel=\"nofollow\" shape=\"rect\">william.baneky@kbra.com<\/a><\/p><p>\nJames Kissane, Senior Director\n<br\/>+1 646-731-2380\n<br\/><a  href=\"mailto:james.kissane@kbra.com\" rel=\"nofollow\" shape=\"rect\">james.kissane@kbra.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>NEW YORK&#8211;(BUSINESS WIRE)&#8211;#creditratingagency&#8211;KBRA assigns a long-term rating of AA with a Stable Outlook to the State of Louisiana General Obligation Refunding Bonds, Series 2026-B.<br \/>\nKey Credit Considerations<br \/>\nThe rating action reflects the following &#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12094","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12094"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12094\/revisions"}],"predecessor-version":[{"id":12095,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/12094\/revisions\/12095"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}