Wisconsin Series 2020 GO Taxable Refunding Bonds Rated 'AA'; Various Ratings Affirmed - S&P Global Ratings’ Credit Research

Wisconsin Series 2020 GO Taxable Refunding Bonds Rated 'AA'; Various Ratings Affirmed

Wisconsin Series 2020 GO Taxable Refunding Bonds Rated 'AA'; Various Ratings Affirmed - S&P Global Ratings’ Credit Research
Wisconsin Series 2020 GO Taxable Refunding Bonds Rated 'AA'; Various Ratings Affirmed
Published Jan 21, 2020
3 pages (1385 words) — Published Jan 21, 2020
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Abstract:

NEW YORK (S&P Global Ratings) Jan. 21, 2020--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

  
Brief Excerpt:

...January 21, 2020 NEW YORK (S&P Global Ratings) Jan. 21, 2020--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 notes outstanding (##/A-1+), reflecting the short-term self-liquidity component of our dual rating on the GO debt outstanding....

  
Report Type:

Ratings Action

Ticker
STOWI1
Issuer
Sector
Public Finance, Structured Finance
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Region
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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 Series 2020 GO Taxable Refunding Bonds Rated 'AA'; Various Ratings Affirmed" Jan 21, 2020. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-Series-2020-GO-Taxable-Refunding-Bonds-Rated-AA-Various-Ratings-Affirmed-2370739>
  
APA:
S&P Global Ratings’ Credit Research. (). Wisconsin Series 2020 GO Taxable Refunding Bonds Rated 'AA'; Various Ratings Affirmed Jan 21, 2020. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-Series-2020-GO-Taxable-Refunding-Bonds-Rated-AA-Various-Ratings-Affirmed-2370739>
  
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