Wisconsin; Appropriations; CP; General Obligation; Moral Obligation

S&P Global Ratings assigned its 'AA' long-term rating and underlying ratings (SPURs) to Wisconsin's $331.82 million general obligation (GO) taxable refunding bonds of 2020, series 1 and series 2. At the same time, we affirmed our 'AA' long-term rating on the state's GO debt outstanding. The outlook is stable. At the same time, S&P Global Ratings affirmed its 'AA-' ratings on Wisconsin's appropriation-backed debt outstanding, and its 'A+' ratings on bonds backed by the state's moral obligation pledge, as well as its 'A' rating on the Wisconsin Center District's stadium bonds 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

...S&P Global Ratings assigned its '##' long-term rating and underlying ratings (SPURs) to Wisconsin's $331.82 million general obligation (GO) taxable refunding bonds of 2020, series 1 and series 2. At the same time, we affirmed our '##' long-term rating on the state's GO debt outstanding. The outlook is stable. At the same time, S&P Global Ratings affirmed its '##-' ratings on Wisconsin's appropriation-backed debt outstanding, and its 'A+' ratings on bonds backed by the state's moral obligation pledge, as well as its 'A' rating on the Wisconsin Center District's stadium bonds 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 demand obligation (VRDO) notes outstanding (##/A-1+), reflecting the short-term self-liquidity component of our dual rating on the GO debt outstanding....

Full Report