Wisconsin 2023 Series 2 And 2025 Series 1 GO Refunding Bonds Rated ?AA+?; Various Ratings Affirmed - S&P Global Ratings’ Credit Research

Wisconsin 2023 Series 2 And 2025 Series 1 GO Refunding Bonds Rated ?AA+?; Various Ratings Affirmed

Wisconsin 2023 Series 2 And 2025 Series 1 GO Refunding Bonds Rated ?AA+?; Various Ratings Affirmed - S&P Global Ratings’ Credit Research
Wisconsin 2023 Series 2 And 2025 Series 1 GO Refunding Bonds Rated ?AA+?; Various Ratings Affirmed
Published Apr 21, 2023
3 pages (1555 words) — Published Apr 21, 2023
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (S&P Global Ratings) April 21, 2023--S&P Global Ratings assigned its 'AA+' long-term rating to Wisconsin's approximately $258.9 million general obligation (GO) refunding bonds of 2023, series 2 (tax-exempt) and approximately $162.9 million GO refunding bonds of 2025, series 1 (forward delivery). At the same time, we affirmed our 'AA+' long-term rating on the state's GO debt outstanding, our 'AA' 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

  
Brief Excerpt:

...April 21, 2023 NEW YORK (S&P Global Ratings) April 21, 2023--S&P Global Ratings assigned its '##+' long-term rating to Wisconsin's approximately $258.9 million general obligation (GO) refunding bonds of 2023, series 2 (tax-exempt) and approximately $162.9 million GO refunding bonds of 2025, series 1 (forward delivery). At the same time, we affirmed our '##+' long-term rating on the state's GO debt outstanding, our '##' 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 notes outstanding (##+/A-1+). Currently, the state does not have GO CP outstanding. The outlook, where applicable,...

  
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. "Wisconsin 2023 Series 2 And 2025 Series 1 GO Refunding Bonds Rated ?AA+?; Various Ratings Affirmed" Apr 21, 2023. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-2023-Series-2-And-2025-Series-1-GO-Refunding-Bonds-Rated-AA-Various-Ratings-Affirmed-2976748>
  
APA:
S&P Global Ratings’ Credit Research. (). Wisconsin 2023 Series 2 And 2025 Series 1 GO Refunding Bonds Rated ?AA+?; Various Ratings Affirmed Apr 21, 2023. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-2023-Series-2-And-2025-Series-1-GO-Refunding-Bonds-Rated-AA-Various-Ratings-Affirmed-2976748>
  
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