State Of Wisconsin Series 2022-1, 2022-2, And 2023 General Obligation Bonds Rated ?AA+? - S&P Global Ratings’ Credit Research

State Of Wisconsin Series 2022-1, 2022-2, And 2023 General Obligation Bonds Rated ?AA+?

State Of Wisconsin Series 2022-1, 2022-2, And 2023 General Obligation Bonds Rated ?AA+? - S&P Global Ratings’ Credit Research
State Of Wisconsin Series 2022-1, 2022-2, And 2023 General Obligation Bonds Rated ?AA+?
Published Feb 08, 2022
3 pages (1567 words) — Published Feb 08, 2022
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Abstract:

NEW YORK (S&P Global Ratings) Feb. 8, 2022--S&P Global Ratings assigned its 'AA+' long-term rating to Wisconsin's $73.4 million general obligation (GO) refunding bonds of 2022, series 1 (tax-exempt), $236.9 million GO refunding bonds of 2022, series 2 (federally taxable), and $128.8 million GO refunding bonds of 2023, series 1 (forward delivery). S&P Global Ratings also affirmed its 'AA+' long-term rating on the state's approximately $7.12 billion of GO debt outstanding, its 'AA' rating on the state's appropriation-secured debt, and its 'AA-' rating on the state's moral obligation debt. We also affirmed our 'A+' long-term rating on the Wisconsin Center District appropriation bonds (Milwaukee Arena Project). The outlook on all long-term ratings is stable. Finally, we affirmed our 'A-1+' short-term

  
Brief Excerpt:

...February 8, 2022 NEW YORK (S&P Global Ratings) Feb. 8, 2022--S&P Global Ratings assigned its '##+' long-term rating to Wisconsin's $73.4 million general obligation (GO) refunding bonds of 2022, series 1 (tax-exempt), $236.9 million GO refunding bonds of 2022, series 2 (federally taxable), and $128.8 million GO refunding bonds of 2023, series 1 (forward delivery). S&P Global Ratings also affirmed its '##+' long-term rating on the state's approximately $7.12 billion of GO debt outstanding, its '##' rating on the state's appropriation-secured debt, and its '##-' rating on the state's moral obligation debt. We also affirmed our 'A+' long-term rating on the Wisconsin Center District appropriation bonds (Milwaukee Arena Project). The outlook on all long-term ratings is stable. Finally, we affirmed our 'A-1+' short-term ratings on the state's GO commercial paper (CP) and extended municipal CP programs as well as the short-term self-liquidity component of our dual rating on Wisconsin's variable-rate...

  
Report Type:

Ratings Action

Ticker
STOWI1
Issuer
Sector
Public Finance, Structured Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "State Of Wisconsin Series 2022-1, 2022-2, And 2023 General Obligation Bonds Rated ?AA+?" Feb 08, 2022. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/State-Of-Wisconsin-Series-2022-1-2022-2-And-2023-General-Obligation-Bonds-Rated-AA-2792644>
  
APA:
S&P Global Ratings’ Credit Research. (). State Of Wisconsin Series 2022-1, 2022-2, And 2023 General Obligation Bonds Rated ?AA+? Feb 08, 2022. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/State-Of-Wisconsin-Series-2022-1-2022-2-And-2023-General-Obligation-Bonds-Rated-AA-2792644>
  
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