Louisiana borrowing picture improves after debt refinancing

BATON ROUGE- Louisiana has a bit more wiggle room to borrow money next year for state-financed construction projects.  Recent debt refinancing, along with better-than-expected terms for a recent bond sale has lessened the constraints for borrowing in the upcoming budget year that begins July 1. That's the word delivered from financial analysts Thursday to the Bond Commission.  The state is limited by a debt cap, and has been hovering close to it - with the ri