DALLAS -Standard & Poor's raised its ratings on Louisiana's state debt Tuesday, moving the state's general obligation to A-plus from A, and to A from A-minus for the state's appropriations-backed debt.

The increases were the third positive move by the agency for bonds issued by the state since November 2005, when Standard & Poor's lowered the ratings for Louisiana's GO debt from A-plus to A and for the appropriations-backed debt from A to A-minus. The downgrades came in the wake of the widespread devastation in the state resulting from hurricanes Katrina and Rita in August and September 2005.

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