Wisconsin Series 2023, 2024 Transportation Revenue Bonds Rated ?AAA?; Outlook Is Stable - S&P Global Ratings’ Credit Research

Wisconsin Series 2023, 2024 Transportation Revenue Bonds Rated ?AAA?; Outlook Is Stable

Wisconsin Series 2023, 2024 Transportation Revenue Bonds Rated ?AAA?; Outlook Is Stable - S&P Global Ratings’ Credit Research
Wisconsin Series 2023, 2024 Transportation Revenue Bonds Rated ?AAA?; Outlook Is Stable
Published Mar 10, 2023
3 pages (1492 words) — Published Mar 10, 2023
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (S&P Global Ratings) March 10, 2023--S&P Global Ratings assigned its 'AAA' long-term rating to the State of Wisconsin's approximately $143.6 million transportation revenue bonds, 2023 series A (tax-exempt), approximately $70.5 million transportation revenue refunding bonds, 2023 series 1 (tax-exempt), and transportation revenue refunding bonds, 2024 series 1 (forward delivery). At the same time, we affirmed our 'AAA' long-term rating on the state's approximately $1.57 billion of transportation revenue and transportation revenue refunding bonds outstanding. The outlook is stable. The 2023 series A, 2023 series 1, 2024 series 1, and all existing parity transportation revenue bonds are secured by a first-claim pledge of program income, which consists primarily of vehicle registration fees and other vehicle registration-related fees including, but

  
Brief Excerpt:

...March 10, 2023 NEW YORK (S&P Global Ratings) March 10, 2023--S&P Global Ratings assigned its '###' long-term rating to the State of Wisconsin's approximately $143.6 million transportation revenue bonds, 2023 series A (tax-exempt), approximately $70.5 million transportation revenue refunding bonds, 2023 series 1 (tax-exempt), and transportation revenue refunding bonds, 2024 series 1 (forward delivery). At the same time, we affirmed our '###' long-term rating on the state's approximately $1.57 billion of transportation revenue and transportation revenue refunding bonds outstanding. The outlook is stable. The 2023 series A, 2023 series 1, 2024 series 1, and all existing parity transportation revenue bonds are secured by a first-claim pledge of program income, which consists primarily of vehicle registration fees and other vehicle registration-related fees including, but not limited to, vehicle title transaction fees, registration and title counter service fees, and personalized license plate...

  
Report Type:

Ratings Action

Ticker
STOWI1
Issuer
Sector
Public Finance, Structured Finance
Country
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 2023, 2024 Transportation Revenue Bonds Rated ?AAA?; Outlook Is Stable" Mar 10, 2023. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-Series-2023-2024-Transportation-Revenue-Bonds-Rated-AAA-Outlook-Is-Stable-2959157>
  
APA:
S&P Global Ratings’ Credit Research. (). Wisconsin Series 2023, 2024 Transportation Revenue Bonds Rated ?AAA?; Outlook Is Stable Mar 10, 2023. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-Series-2023-2024-Transportation-Revenue-Bonds-Rated-AAA-Outlook-Is-Stable-2959157>
  
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