Wisconsin's Series 3 Federally Taxable Refunding Bonds Of 2021 Rated 'AA' - S&P Global Ratings’ Credit Research

Wisconsin's Series 3 Federally Taxable Refunding Bonds Of 2021 Rated 'AA'

Wisconsin's Series 3 Federally Taxable Refunding Bonds Of 2021 Rated 'AA' - S&P Global Ratings’ Credit Research
Wisconsin's Series 3 Federally Taxable Refunding Bonds Of 2021 Rated 'AA'
Published Feb 17, 2021
2 pages (1210 words) — Published Feb 17, 2021
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Abstract:

NEW YORK (S&P Global Ratings) Feb. 17, 2021--S&P Global Ratings assigned its 'AA' long-term rating to Wisconsin's $301.815 million general obligation (GO) refunding bonds of 2021, series 3 (federally taxable). At the same time, we affirmed our 'AA' long-term rating on the state's GO debt outstanding. The outlook is stable. We also affirmed our 'AA-' ratings on the state's appropriation-backed debt outstanding, our 'A+' ratings on other bonds backed by the state's moral obligation pledge, and our 'A' rating on the Wisconsin Center District appropriation bonds (Milwaukee Arena Project) outstanding. "The outlook on all outstanding long-term ratings is stable," said S&P Global Ratings credit analyst Thomas Zemetis. Finally, we affirmed our 'A-1+' short-term ratings on the state's GO commercial paper

  
Brief Excerpt:

...February 17, 2021 NEW YORK (S&P Global Ratings) Feb. 17, 2021--S&P Global Ratings assigned its '##' long-term rating to Wisconsin's $301.815 million general obligation (GO) refunding bonds of 2021, series 3 (federally taxable). At the same time, we affirmed our '##' long-term rating on the state's GO debt outstanding. The outlook is stable. We also affirmed our '##-' ratings on the state's appropriation-backed debt outstanding, our 'A+' ratings on other bonds backed by the state's moral obligation pledge, and our 'A' rating on the Wisconsin Center District appropriation bonds (Milwaukee Arena Project) outstanding. "The outlook on all outstanding long-term ratings is stable," said S&P Global Ratings credit analyst Thomas Zemetis. 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 (VRDO) notes outstanding (##/A-1+), reflecting the short-term self-liquidity component...

  
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Ratings Action

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Public Finance, Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "Wisconsin's Series 3 Federally Taxable Refunding Bonds Of 2021 Rated 'AA'" Feb 17, 2021. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-s-Series-3-Federally-Taxable-Refunding-Bonds-Of-2021-Rated-AA-2596360>
  
APA:
S&P Global Ratings’ Credit Research. (). Wisconsin's Series 3 Federally Taxable Refunding Bonds Of 2021 Rated 'AA' Feb 17, 2021. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-s-Series-3-Federally-Taxable-Refunding-Bonds-Of-2021-Rated-AA-2596360>
  
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