Press Release|Public Finance

KBRA Releases Report for the State of Louisiana Economic Damages Revenue Bonds [I-49 South Project] (TIFIA)

28 Jul 2023   |   New York

Contacts

On July 27, 2023, KBRA upgraded the long-term rating on the State of Louisiana Economic Damages Revenue Bonds [I-49 South Project] (TIFIA) to A+. The upgrade reflects the improving business and financial risk profiles of BP p.l.c. (“BP”, the “Company”). The Outlook is Stable.

To access rating and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.