Fitch Revises Louisiana's Outlook to Positive; Affirms GOs and IDR at 'AA-'

Fitch Ratings – New York – 06 Nov 2025: Fitch Ratings has affirmed the state of Louisiana’s ratings as follows:

–Issuer Default Rating (IDR) at ‘AA-‘;

–General obligation (GO) bonds at ‘AA-‘

–Various appropriation-backed bonds of the state detailed below at ‘A+’.

The Rating Outlook is revised to Positive from Stable.

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