CHICAGO — Wisconsin will competitively sell $430 million of 20-year general obligation bonds Thursday to fund bricks-and-mortar capital projects in the new administration’s first debt issuance, according to capital finance director Frank Hoadley.

Rating agencies have not yet issued new reports. Fitch Ratings, Standard & Poor’s, and Moody’s Investors Service last affirmed their mid-double-A ratings on the state’s $6.8 billion of GOs over the summer. Foley & Lardner LLP is bond counsel on the deal.

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