- Language: English
- Published: February 2013
- Region: Kuwait
Summary: Wisconsin; Appropriations; CP; General Obligation May 11
- Published: May 2011
- Region: Wisconsin
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA' rating and stable outlook to Wisconsin's general obligation (GO) refunding bonds of 2011, series 1, and affirmed its 'AA' rating on the state's outstanding GO debt. We also affirmed our 'AA-' rating on the state's appropriation bonds and master lease certificates of participation, and the `A-1+' rating on the GO commercial paper (CP) and extendible municipal CP notes. The outlook on the ratings for the bonds and certificates is stable. The rating reflects our view of the state's: Strong government framework with a constitutional balanced budget requirement, and a statutory provision that gives GO debt service first claim on state revenues; Proven ability to make budget corrections in midyear to maintain fiscal...
Companies mentioned in this report are:
Action: New Rating
Action: Outlook: Stable
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