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KBRA Releases Rating Report for State of Wisconsin General Obligation Bonds of 2018, Series B

September 21, 2018

NEW YORK--(BUSINESS WIRE)--Sep 21, 2018--On September 20, 2018, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA+ with a Stable Outlook to the State of Wisconsin (“the state”) General Obligation Bonds of 2018, Series B. KBRA also affirms the long-term rating of AA+ with Stable Outlook on the State’s outstanding general obligation bonds. KBRA affirms the AA rating with Stable Outlook on the State’s Master Lease Certificates of Participation. The General Obligation Commercial Paper Program and the General Obligation Extendible Municipal Commercial Paper Program have also been affirmed, at K1+.

KBRA’s rating assessment of the State’s General Obligation (GO) Bonds is based on KBRA’s . KBRA’s rating evaluation of the long-term credit quality of State general obligation bonds focuses on four key rating determinants:

Governance and Management Structure and Policies Municipal Resource Base Debt and Additional Continuing Obligations Financial Performance and Liquidity

To view the report, click .

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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, is 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/20180921005569/en/

CONTACT: KBRA

Analytical Contacts:

William Cox, Managing Director

wcox@kbra.com,(646) 731-2472

or

Patricia McGuigan, Director

pmcguigan@kbra.com, (646) 731-3350

or

Justin Schneider, Senior Analyst

jschneider@kbra.com, (646) 731-2453

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK WISCONSIN

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE INSURANCE

SOURCE: Kroll Bond Rating Agency

Copyright Business Wire 2018.

PUB: 09/21/2018 03:45 PM/DISC: 09/21/2018 03:45 PM

http://www.businesswire.com/news/home/20180921005569/en

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