Wisconsin GO Refunding Bonds 2025 Series 3 Assigned 'AA+' Rating; Other Ratings Affirmed - S&P Global Ratings’ Credit Research

Wisconsin GO Refunding Bonds 2025 Series 3 Assigned 'AA+' Rating; Other Ratings Affirmed

Wisconsin GO Refunding Bonds 2025 Series 3 Assigned 'AA+' Rating; Other Ratings Affirmed - S&P Global Ratings’ Credit Research
Wisconsin GO Refunding Bonds 2025 Series 3 Assigned 'AA+' Rating; Other Ratings Affirmed
Published Feb 10, 2025
3 pages (1378 words) — Published Feb 10, 2025
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Abstract:

BOSTON (S&P Global Ratings) Feb. 10, 2025--S&P Global Ratings assigned its 'AA+' long-term rating to Wisconsin's approximately $450 million general obligation (GO) refunding bonds 2025, series 3. At the same time, we affirmed our 'AA+' long-term rating on the state's GO debt outstanding, our 'AA' rating on its appropriation-secured debt, and our 'AA-' rating on its moral obligation debt. We also affirmed our 'A+' rating on Wisconsin Center District's appropriation bonds (Milwaukee Arena project). The outlook, where applicable, is stable. "The 'AA+' rating on Wisconsin's GO debt reflects our view of the state's institutional framework that is supportive of credit quality, economic growth and income metrics have persistently slightly lagged those of the nation, executive branch with the authority and

  
Brief Excerpt:

...February 10, 2025 BOSTON (S&P Global Ratings) Feb. 10, 2025--S&P Global Ratings assigned its '##+' long-term rating to Wisconsin's approximately $450 million general obligation (GO) refunding bonds 2025, series 3. At the same time, we affirmed our '##+' long-term rating on the state's GO debt outstanding, our '##' rating on its appropriation-secured debt, and our '##-' rating on its moral obligation debt. We also affirmed our 'A+' rating on Wisconsin Center District's appropriation bonds (Milwaukee Arena project). The outlook, where applicable, is stable. "The '##+' rating on Wisconsin's GO debt reflects our view of the state's institutional framework that is supportive of credit quality, economic growth and income metrics have persistently slightly lagged those of the nation, executive branch with the authority and ability to make midyear budget corrections, healthy revenue collections and resilient budgetary performance, and a well well-funded pension system," said S&P Global Ratings...

  
Report Type:

Ratings Action

Ticker
STOWI1
Issuer
Sector
Public Finance, Structured Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Wisconsin GO Refunding Bonds 2025 Series 3 Assigned 'AA+' Rating; Other Ratings Affirmed" Feb 10, 2025. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-GO-Refunding-Bonds-2025-Series-3-Assigned-AA-Rating-Other-Ratings-Affirmed-3320888>
  
APA:
S&P Global Ratings’ Credit Research. (). Wisconsin GO Refunding Bonds 2025 Series 3 Assigned 'AA+' Rating; Other Ratings Affirmed Feb 10, 2025. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-GO-Refunding-Bonds-2025-Series-3-Assigned-AA-Rating-Other-Ratings-Affirmed-3320888>
  
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