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

Wisconsin's Transportation Revenue Bonds Rated 'AA+'

Wisconsin's Transportation Revenue Bonds Rated 'AA+' - S&P Global Ratings’ Credit Research
Wisconsin's Transportation Revenue Bonds Rated 'AA+'
Published Jan 30, 2013
Published Jan 30, 2013
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Abstract:

SAN FRANCISCO (Standard&Poor's) Jan. 30, 2013--Standard&Poor's Ratings Services assigned its 'AA+' long-term rating to Wisconsin's 2013 series 1 transportation revenue bonds. At the same time, Standard&Poor's affirmed its 'AA+' long-term and underlying rating (SPUR) on the state's $1.7 billion of parity debt. We also affirmed the 'A-1+' short-term rating on the state's $112.2 million of subordinate transportation revenue commercial paper (CP) notes. The short-term rating on the CP notes reflects the credit quality of the revenue pledged to the notes). The state has arranged for backup liquidity support from the California State Teachers' Retirement System and State Street Bank. The outlook, where applicable, is stable. "The ratings reflect our view of the strength and

  
Report Type:

Ratings Action

Ticker
STOWI1
Issuer
Sector
Public Finance, Structured Finance
Country
Region
Format:
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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 Transportation Revenue Bonds Rated 'AA+'" Jan 30, 2013. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-s-Transportation-Revenue-Bonds-Rated-AA-1070284>
  
APA:
S&P Global Ratings’ Credit Research. (). Wisconsin's Transportation Revenue Bonds Rated 'AA+' Jan 30, 2013. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Wisconsin-s-Transportation-Revenue-Bonds-Rated-AA-1070284>
  
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