KBRA Assigns AAA Rating with a Stable Outlook on Wisconsin’s Transportation Revenue Refunding Bonds, 2017 Series 2

NEW YORK--()--Kroll Bond Rating Agency (KBRA) has assigned a long-term rating of AAA with a Stable Outlook on the State of Wisconsin Transportation Revenue Refunding Bonds, 2017 Series 2. KBRA has also affirmed the AAA rating with a Stable Outlook on the State’s outstanding Transportation Revenue Bonds. The bonds are secured by a first lien pledge of Program Income which is defined as motor vehicle registration fees collected Statewide and certain other vehicle registration-related fees, such as personalized license plates charges, title transaction fees, and counter service fees.

The long-term rating on the State’s Transportation Revenue Bonds is based on KBRA U.S. Special Tax Revenue Bonds Rating Methodology.

To read the report, please click here.

About Kroll Bond Rating Agency

KBRA is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, KBRA is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).

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Contacts

Kroll Bond Rating Agency
Analytical:
William Cox, 646-731-2472
Managing Director
wcox@kbra.com
or
Alice Cheng, 646-731-2403
Associate Director
acheng@kbra.com
or
Kate Hackett, 646-731-2304
Managing Director
khackett@kbra.com

Contacts

Kroll Bond Rating Agency
Analytical:
William Cox, 646-731-2472
Managing Director
wcox@kbra.com
or
Alice Cheng, 646-731-2403
Associate Director
acheng@kbra.com
or
Kate Hackett, 646-731-2304
Managing Director
khackett@kbra.com