NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA+ with a Positive Outlook to the State of Wisconsin General Obligation Bonds of 2019, Series B.
Concurrently, KBRA affirms the long-term rating of AA+ with Positive Outlook on the State’s outstanding general obligation bonds. KBRA also affirms the long-term rating of AA with Positive Outlook on the State’s master lease certificates of participation. KBRA additionally affirms the short-term ratings of K1+ on both the State’s GO commercial paper program and GO extendible municipal commercial paper program notes.
Issuer: State of Wisconsin |
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Assigned |
Rating(s) |
Outlook |
General Obligation Bonds of 2019, Series B |
AA+ |
Positive |
Affirmed |
Rating(s) |
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 |
Methodology Used:
- U.S. State General Obligation Rating Methodology
- U.S. State Annual Appropriation Obligation Rating Methodology
For mapping of the long-term rating to the short-term rating, please refer to the short-term KBRA Rating Scale.
To access the report click here.
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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.
