NEW YORK (S&P Global Ratings) March 19, 2019--S&P Global Ratings raised its rating on Eagle Tax-Exempt Trust's series 2017-0008 tender-option bond trust puttable floating-rate receipts (floaters) to 'AAA/A-1' from 'AA+/A-1'. The rating action follows S&P Global Ratings' rating action on the underlying bonds. (For more information, please see the article, titled "San Francisco City and County GO And Appropriation Obligation Ratings Raised One Notch On Budgeting Approach," published Feb. 5, 2019, on RatingsDirect.) The long-term component of the ratings on the floaters reflects the ratings on the underlying bonds and S&P Global Ratings' expectation of the likelihood of bondholders receiving interest and principal payments when due if they do not exercise their put option. The short-term component of the ratings
