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

Wisconsin's Series 3 GO Taxable Refunding Bonds Rated 'AA'

Wisconsin's Series 3 GO Taxable Refunding Bonds Rated 'AA' - S&P Global Ratings’ Credit Research
Wisconsin's Series 3 GO Taxable Refunding Bonds Rated 'AA'
Published Mar 11, 2020
2 pages (1231 words) — Published Mar 11, 2020
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Abstract:

NEW YORK (S&P Global Ratings) March 11, 2020--S&P Global Ratings assigned its 'AA' long-term rating and underlying ratings (SPURs) to Wisconsin's $280.59 million general obligation (GO) taxable refunding bonds of 2020, series 3. At the same time, we affirmed our 'AA' long-term rating on the state's GO debt outstanding. S&P Global Ratings also affirmed its 'AA-' ratings on Wisconsin's appropriation-backed debt outstanding, its 'A+' ratings on bonds backed by Wisconsin's moral obligation pledge, and 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

  
Brief Excerpt:

...March 11, 2020 NEW YORK (S&P Global Ratings) March 11, 2020--S&P Global Ratings assigned its '##' long-term rating and underlying ratings (SPURs) to Wisconsin's $280.59 million general obligation (GO) taxable refunding bonds of 2020, series 3. At the same time, we affirmed our '##' long-term rating on the state's GO debt outstanding. S&P Global Ratings also affirmed its '##-' ratings on Wisconsin's appropriation-backed debt outstanding, its 'A+' ratings on bonds backed by Wisconsin's moral obligation pledge, and 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. "The rating reflects the state's governmental...

  
Report Type:

Ratings Action

Ticker
STOWI1
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Sector
Public Finance, Structured Finance
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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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MLA:
S&P Global Ratings’ Credit Research. "Wisconsin's Series 3 GO Taxable Refunding Bonds Rated 'AA'" Mar 11, 2020. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-s-Series-3-GO-Taxable-Refunding-Bonds-Rated-AA-2396036>
  
APA:
S&P Global Ratings’ Credit Research. (). Wisconsin's Series 3 GO Taxable Refunding Bonds Rated 'AA' Mar 11, 2020. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-s-Series-3-GO-Taxable-Refunding-Bonds-Rated-AA-2396036>
  
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