Wisconsin's Series 2021 Bonds Rated 'AA+' - S&P Global Ratings’ Credit Research

Wisconsin's Series 2021 Bonds Rated 'AA+'

Wisconsin's Series 2021 Bonds Rated 'AA+' - S&P Global Ratings’ Credit Research
Wisconsin's Series 2021 Bonds Rated 'AA+'
Published Mar 08, 2021
2 pages (1185 words) — Published Mar 08, 2021
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (S&P Global Ratings) March 8, 2021--S&P Global Ratings assigned its 'AA+' long-term rating and underlying rating to the state of Wisconsin's $146.41 million transportation revenue bonds, 2021 series A (tax-exempt) and $166.23 million transportation revenue refunding bonds, 2021 series 1 (taxable). At the same time, we affirmed our 'AA+' long-term and underlying ratings on the state's outstanding transportation revenue bonds. The outlook on all ratings is stable. The bonds are secured by a first claim on 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 issuance and renewal fees. Proceeds from the 2021 series A bonds will be used to

  
Brief Excerpt:

...March 8, 2021 NEW YORK (S&P Global Ratings) March 8, 2021--S&P Global Ratings assigned its '##+' long-term rating and underlying rating to the state of Wisconsin's $146.41 million transportation revenue bonds, 2021 series A (tax-exempt) and $166.23 million transportation revenue refunding bonds, 2021 series 1 (taxable). At the same time, we affirmed our '##+' long-term and underlying ratings on the state's outstanding transportation revenue bonds. The outlook on all ratings is stable. The bonds are secured by a first claim on 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 issuance and renewal fees. Proceeds from the 2021 series A bonds will be used to the finance certain state transportation facilities and highway projects. Proceeds from the 2021 series 1 bonds will be used to advance refund all or a portion of certain transportation...

  
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's Series 2021 Bonds Rated 'AA+'" Mar 08, 2021. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-s-Series-2021-Bonds-Rated-AA-2607440>
  
APA:
S&P Global Ratings’ Credit Research. (). Wisconsin's Series 2021 Bonds Rated 'AA+' Mar 08, 2021. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-s-Series-2021-Bonds-Rated-AA-2607440>
  
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