NEW YORK (S&P Global Ratings) Aug. 9, 2016--S&P Global Ratings assigned 24 ratings to Loop Capital Markets LLC's tender-option bond series 2016-XL trust puttable floating-rate receipts (floaters) and inverse floating-rate receipts (residuals), respectively, related to various underlying bonds. The long-term component of the ratings on the floaters and the ratings on the residuals reflects the ratings on the underlying bonds. For series 2016-XL0027, 2016-XL0028, and 2016-XL0035 the long-term components of the ratings reflect the higher of our ratings on the insurance provider, Assured Guaranty Corp., or the underlying rating on the underlying bonds. For series 2016-XL0033, the long-term components of the ratings reflect the higher of our ratings on the insurance provider, National Public Finance Guarantee Corp. or the underlying
