NEW YORK (S&P Global Ratings) March 8, 2022--S&P Global Ratings raised its ratings on George K. Baum&Co.'s three series 2019-XG0243 tender-option bond trust floater, residual, and custodial receipts, related to Foothill-Eastern Transportation Corridor Agency's underlying revenue bonds, to 'AA+/A-1', 'AA+', and 'AA+', from 'AA/A-1', 'AA', and 'AA', respectively. This rating action follows S&P Global Ratings' action on the underlying bonds. (For further information, please see the article, titled "Foothill Eastern Transportation Corridor Agency, CA Senior-Lien Bond Rating Raised To 'A' From 'A-' On Strong Demand," published Feb. 28, 2022, 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
