NEW YORK (Standard&Poor's) March 15, 2016--Standard&Poor's Ratings Services assigned 20 various ratings to 10 Mesirow Financial Inc.'s tender option bond series 2016-XM and 2016-ZM trusts puttable floating-rate receipts (floaters) and inverse floating-rate receipts (residuals) related to various underlying bonds. (Please see table below.) The long-term components of the ratings on the floaters and residuals for each series reflect the ratings on the underlying bonds. The short-term components of the ratings, which are only applicable to the floaters, reflect an individual liquidity agreement provided by Morgan Stanley Bank N.A. For series 2016-XM0146, 2016-XM0148, and 2016-XM0149, the receipts were formerly issued as floater and residual receipts under individual trust agreements by Deutsche Bank Trust Company Americas. For series
