NEW YORK (S&P Global Ratings) July 26, 2016--S&P Global Ratings assigned six ratings to three Mesirow Financial Inc. tender-option bond series 2016-XM trusts, puttable floating-rate receipts (floaters) and inverse floating-rate receipts (residuals), relating to various underlying bonds. For series 2016-XM0343, the long-term components of the ratings reflect the higher of our ratings on the insurance provider, National Public Finance Guaranty Corp., or the underlying rating on the underlying bonds. For series 2016-XM0344, and 2016-XM0345, the long-term components of the ratings reflect the higher of our ratings on the insurance provider, Assured Guaranty Municipal Corp., or the underlying rating on the underlying bonds. The short-term component of the ratings, which only applies to the floaters, reflects the liquidity agreement from Bank
