...February 5, 2026 NEW YORK (S&P Global Ratings) Feb. 5, 2026--S&P Global Ratings assigned its `##- (sf)', `##-/A-1 (sf)', and `##- (sf)' to the custody, floater, and residual certificates (collectively the certificates), respectively, reflecting its opinion of the likelihood the trust, as custody receiptholder, will have sufficient assets to pay timely interest and full principal when due on the certificates. Trust assets include all distributions of principal; interest; and premiums, if any, from the custody receipts and liquidity facility, which is in place to support tender payments on floaters. The long-term rating on the custody receipts jointly reflects, assuming high correlation, the ratings on the underlying securities and credit-enhancement provider. The long-term component of our rating on the floaters reflects the ratings on the custody receipts and addresses full and timely interest-and-principal payments when certificateholders have not exercised the put option. The short-term...
