NEW YORK (Standard&Poor's) May 15, 2013--Standard&Poor's Ratings Services today affirmed its short-term 'A-1+' rating on Iowa Finance Authority's $1.194 billion Midwestern disaster area revenue bonds (for the Iowa Fertilizer Co. project) series 2012 due Dec. 1, 2050. Today's rating action follows the series 2012 bonds' defeasance with State and Local Government Series Securities issued by the U.S Treasury. The disaster area revenue bonds are scheduled to be redeemed on May 31, 2013. Changes to our rating on the bonds may result from, among other things, changes to our rating on the defeasance collateral. STANDARD&POOR'S 17G-7 DISCLOSURE REPORT SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed
