S&P Global Ratings assigned its 'AA+' long-term rating to Wisconsin 's estimated $351.46 million general obligation (GO) refunding bonds of 2026 series 1 and estimated $120.79 million GO refunding bonds of 2027 series 1. The outlook is stable. ENGLEWOOD (S&P Global Ratings) Feb. 5, 2026--S&P Global Ratings today took the rating actions listed above. In general, social factors do not have a material influence on our credit rating analysis for Wisconsin, although the aging of the state's working-age population and slowing population growth have the potential to dampen long-term demographic conditions and economic growth forecasts. Environmental and governance factors have no material influence on our credit rating analysis for the state. Wisconsin's well-embedded risk management and oversight practices provide considerable
