On March 11, 2019, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AAA and Stable Outlook to the State of Wisconsin Transportation Revenue Bonds, 2019 Series A and affirmed the long-term rating of AAA and Stable Outlook on the State’s outstanding Transportation Revenue Bonds.
|Issuer: State of Wisconsin|
|Transportation Revenue Bonds||AAA||Stable|
The rating actions are based on KBRA’s U.S. Special Tax Revenue Bond Rating Methodology and an assessment of the following rating determinants identified therein:
- Legal Framework
- Nature of Special Tax Revenues
- Economic Base and Demographics
- Revenue Analysis
- Coverage and Bond Structure
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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.
Patricia McGuigan, Director
Peter Scherer, Associate
William Cox, Senior Managing Director