Wisconsin's Approximately $550 Million GO Refunding Bonds Assigned 'AA+' Rating; Outlook Is Stable - S&P Global Ratings’ Credit Research

Wisconsin's Approximately $550 Million GO Refunding Bonds Assigned 'AA+' Rating; Outlook Is Stable

Wisconsin's Approximately $550 Million GO Refunding Bonds Assigned 'AA+' Rating; Outlook Is Stable - S&P Global Ratings’ Credit Research
Wisconsin's Approximately $550 Million GO Refunding Bonds Assigned 'AA+' Rating; Outlook Is Stable
Published Jul 18, 2024
3 pages (1355 words) — Published Jul 18, 2024
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) July 18, 2024--S&P Global Ratings assigned its 'AA+' long-term rating to Wisconsin's approximately $295 million general obligation (GO) refunding bonds, 2024 series 2, and approximately $255 million GO refunding bonds, 2025 series 2 (forward delivery). The outlook is stable. Proceeds from the series 2024 series 2 (fixed rate) bonds will be used to current refund $184.2 million of existing GO bonds and to refund $102.8 million the GO floating rate notes (2022 series A) previously issued by the state to finance capital projects for various general governmental purposes. Proceeds from the 2025 series 2 bonds will be used to current refund (on May 1, 2025) certain maturities of GO bonds previous issued by the state

  
Brief Excerpt:

...Certain terms used in this report, particularly certain adjectives used to express our view on rating relevant factors,...

  
Report Type:

Ratings Action

Ticker
STOWI1
Issuer
Wisconsin
Sector
Public Finance, Structured Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Wisconsin's Approximately $550 Million GO Refunding Bonds Assigned 'AA+' Rating; Outlook Is Stable" Jul 18, 2024. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-s-Approximately-550-Million-GO-Refunding-Bonds-Assigned-AA-Rating-Outlook-Is-Stable-3216214>
  
APA:
S&P Global Ratings’ Credit Research. (). Wisconsin's Approximately $550 Million GO Refunding Bonds Assigned 'AA+' Rating; Outlook Is Stable Jul 18, 2024. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-s-Approximately-550-Million-GO-Refunding-Bonds-Assigned-AA-Rating-Outlook-Is-Stable-3216214>
  
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