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

S&P Global Ratings assigned its 'AA+' long-term rating to Wisconsin's approximately $45.9 million general obligation (GO) bonds, 2024 series B. At the same time, we affirmed our 'AA+' long-term rating on the state's GO debt outstanding, our 'AA' long-term rating on the state's appropriation-secured debt, and our 'AA-' rating on the state's moral obligation debt. We also affirmed our 'A+' rating on Wisconsin Center District's appropriation bonds (Milwaukee Arena project). 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 demand obligation (VRDO) notes outstanding (AA+/A-1+), which will no longer be outstanding following the issuance of the

...+ S&P Global Ratings assigned its '##+' long-term rating to Wisconsin's approximately $45.9 million general obligation (GO) bonds, 2024 series B. + At the same time, we affirmed our '##+' long-term rating on the state's GO debt outstanding, our '##' long-term rating on the state's appropriation-secured debt, and our '##-' rating on the state's moral obligation debt. We also affirmed our 'A+' rating on Wisconsin Center District's appropriation bonds (Milwaukee Arena project). + 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 demand obligation (VRDO) notes outstanding (##+/A-1+), which will no longer be outstanding following the issuance of the 2024 series B bonds. Currently, the state does not have GO CP outstanding. + The outlook, where applicable, is stable....

Summary