NEW YORK (S&P Global Ratings) Feb. 21, 2023--S&P Global Ratings lowered its long-term rating components on Barclays Capital Inc.'s series 2022-XX1247 tender-option bond trust floater and custodial receipts, related to Hamilton County, Ohio revenue bonds, to 'AA-/A-1' and 'AA-' from 'AA/A-1' and 'AA', respectively. This rating action follows S&P Global Ratings' action on the underlying bonds. (For further information, please see the article, titled "UC Health, Ohio; Hospital," published on Feb. 15, 2023, on RatingsDirect.) The long-term rating on the custody receipts jointly reflects, assuming low correlation, the ratings on the underlying securities and the credit-enhancement provider. The long-term component of the ratings on the floater reflects the rating on the custodial receipt and addresses full and timely interest-and-principal payments
