S&P Global Ratings today assigned its 'AA+/A-1+' rating to Mason Harrison Ratliff Enterprises LLC's $6.740 million taxable variable-rate notes series 2018 due July 1, 2048. The 'AA+/A-1+' rating on the notes reflects the higher of our ratings on the Federal Home Loan Bank of Dallas (FHLB Dallas; AA+/Stable/A-1+), the confirming letter of credit (CLOC) provider, and Green Bank N.A. (not rated), the fronting LOC (FLOC) provider, during the weekly interest rate mode ("the rated mode"). The 'AA+' long-term component of our rating reflects the higher of our long-term issuer credit ratings on FHLB Dallas and Green Bank, and addresses our expectation for full and timely interest and principal payments when the noteholders have not exercised the put option. The 'A-1+'