Wisconsin General Obligation Bonds 2024 Series A Rated ?AA+?; Outlook Is Stable - S&P Global Ratings’ Credit Research

Wisconsin General Obligation Bonds 2024 Series A Rated ?AA+?; Outlook Is Stable

Wisconsin General Obligation Bonds 2024 Series A Rated ?AA+?; Outlook Is Stable - S&P Global Ratings’ Credit Research
Wisconsin General Obligation Bonds 2024 Series A Rated ?AA+?; Outlook Is Stable
Published Feb 02, 2024
3 pages (1631 words) — Published Feb 02, 2024
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Abstract:

NEW YORK (S&P Global Ratings) Feb. 2, 2024--S&P Global Ratings assigned its 'AA+' long-term rating to Wisconsin's approximately $254.5 million general obligation (GO) bonds, 2024 series A. 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). Lastly, 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 (AA+/A-1+). Currently, the state does not have

  
Brief Excerpt:

...February 2, 2024 NEW YORK (S&P Global Ratings) Feb. 2, 2024--S&P Global Ratings assigned its '##+' long-term rating to Wisconsin's approximately $254.5 million general obligation (GO) bonds, 2024 series A. 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). Lastly, 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, is stable. The state's full faith, credit, and taxing power, which are irrevocably pledged to make principal and interest...

  
Report Type:

Ratings Action

Ticker
STOWI1
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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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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Wisconsin General Obligation Bonds 2024 Series A Rated ?AA+?; Outlook Is Stable" Feb 02, 2024. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-General-Obligation-Bonds-2024-Series-A-Rated-AA-Outlook-Is-Stable-3120766>
  
APA:
S&P Global Ratings’ Credit Research. (). Wisconsin General Obligation Bonds 2024 Series A Rated ?AA+?; Outlook Is Stable Feb 02, 2024. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-General-Obligation-Bonds-2024-Series-A-Rated-AA-Outlook-Is-Stable-3120766>
  
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