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 | ||
Assigned | Rating | Outlook |
General Obligation Refunding Bonds of 2020, Series 1 | AA+ | Positive |
General Obligation Refunding Bonds of 2020, Series 2 (Taxable) | AA+ | Positive |
Affirmed | Rating | Outlook |
General Obligation Bonds | AA+ | Positive |
Master Lease Certificates of Participation (COPs) | AA | Positive |
GO Commercial Paper (CP) Program | K1+ | n/a |
GO Extendible Municipal Commercial Paper (EMCP) Program | K1+ | n/a |
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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.
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