New rating Series Rating Amount (mil. $) 2026 AA+/A-1+ 31.77 Profile Closing date Nov. 4, 2026. Maturity date Nov. 1, 2076. Structure type Full-support, direct-pay LOC supported by CLOC. Issuer JJW 2026 Issuing Trust. FLOC provider Vista Bank (rating dependency)(i). CLOC provider Federal Home Loan Bank of Topeka (rating dependency)(i). Trustee Wilmington Trust N.A. Remarketing agent Hilltop Securities Inc. (i)S&P Global Ratings'credit rating on the notes is linked to the higher of its ratings on the FLOC and CLOC providers. LOC--Letter of credit. FLOC--Fronting LOC. CLOC--Confirming LOC. S&P Global Ratings assigned its'AA+/A-1+'rating to JJW 2026 Issuing Trust's series 2026 taxable variable-rate demand notes. The rating on the notes reflects our opinion of the credit and liquidity
