05.11.2014 20:28:00
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Lafayette Public Power Authority, LA -- Moody's affirms A1 on Lafayette Public Power Authority (LA) electric revenue bonds; Outlook stable
New York, November 05, 2014 -- Moody's Investors Service has affirmed an A1 on the $96.6 millionLafayette Public Power Authority (LPPA), LA Electric Revenue Bonds. The outlook is stable. In addition, in a review covered under a separate report, we have affirmed the rating of A1 on the Lafayette, Louisiana Combined Utilities Revenue Bonds. Lafayette Combined Utility Enterprise (LUS) manages LPPA and the Lafayette City Council governs LPPA. Lafayette is the only take-or-pay participant of LPPA.