KBRA Releases Report Assigning AA+ Rating and Positive Outlook to State of Wisconsin General Obligation Refunding Bonds of 2020 Series 1 and Series 2 (Taxable)
NEW YORK--(BUSINESS WIRE)--Jan 17, 2020--
On January 15, 2019, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ and Positive Outlook to the State of Wisconsin General Obligation Refunding Bonds of 2020, Series 1 and General Obligation Refunding Bonds of 2020, Series 2 (Taxable). KBRA additionally affirmed the long-term rating of AA+ and Positive Outlook on the State’s outstanding General Obligation Bonds and a long-term rating of AA and Positive Outlook on the State’s outstanding Master Lease Certificates of Participation (COPs). Lastly, KBRA affirmed the short-term rating of K1+ on the State’s GO Commercial Paper (CP) Program and GO Expendable Municipal Commercial Paper (EMCP) Program.
Issuer: State of Wisconsin
General Obligation Refunding Bonds of 2020, Series 1
General Obligation Refunding Bonds of 2020, Series 2 (Taxable)
General Obligation Bonds
Master Lease Certificates of Participation (COPs)
GO Commercial Paper (CP) Program
GO Extendible Municipal Commercial Paper (EMCP) Program
To view the report, click here.
About KBRA and KBRA Europe
KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200117005291/en/
CONTACT: Analytical Contacts:
Patricia McGuigan, Senior Director
William Cox, Senior Managing Director
Alice Cheng, Director
Business Development Contacts:
Bill Baneky, Managing Director
James Kissane, Senior Director
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE
SOURCE: Kroll Bond Rating Agency
Copyright Business Wire 2020.
PUB: 01/17/2020 09:08 AM/DISC: 01/17/2020 09:08 AM