KBRA Releases Report Assigning AAA, Stable Outlook to State of Wisconsin Transportation Revenue Refunding Bonds

On March 5, 2025, KBRA assigned a long-term AAA rating with a Stable Outlook to the Transportation Revenue Refunding Bonds, 2025 Series 1 to be issued by the State of Wisconsin ("the State"). Concurrently, KBRA affirmed the long-term AAA rating, with a Stable Outlook on approximately $1.4 billion of outstanding Transportation Revenue Bonds (TRBs). TRBs are secured by a first lien pledge of Program Income, including vehicle Registration Fees and Other Registration-Related fees.

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Click here to view the report.