Summary: Wisconsin; Appropriations; CP; General Obligation; Moral Obligation

S&P Global Ratings assigned its 'AA' long-term rating to Wisconsin's approximately $219.3 million general obligation (GO) bonds of 2020, series A. At the same time, we affirmed our 'AA' long-term rating on the state's $280.59 million GO taxable refunding bonds of 2020, series 3 (rated on March 11, 2020), and we affirmed our 'AA' long-term rating on the state's GO debt outstanding. At the same time, S&P Global Ratings affirmed its 'AA' long-term rating on Wisconsin's general obligation (GO) debt outstanding. We also affirmed our 'AA-' ratings on the state's appropriation-backed debt outstanding, its 'A+' ratings on other bonds backed by the state's moral obligation pledge, and its 'A' rating on the Wisconsin Center District appropriation bonds (Milwaukee Arena Project)

...S&P Global Ratings assigned its '##' long-term rating to Wisconsin's approximately $219.3 million general obligation (GO) bonds of 2020, series A. At the same time, we affirmed our '##' long-term rating on the state's $280.59 million GO taxable refunding bonds of 2020, series 3 (rated on March 11, 2020), and we affirmed our '##' long-term rating on the state's GO debt outstanding. At the same time, S&P Global Ratings affirmed its '##' long-term rating on Wisconsin's general obligation (GO) debt outstanding. We also affirmed our '##-' ratings on the state's appropriation-backed debt outstanding, its 'A+' ratings on other bonds backed by the state's moral obligation pledge, and its 'A' rating on the Wisconsin Center District appropriation bonds (Milwaukee Arena Project) outstanding. 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 Wisconsin's variable-rate...

Summary