S&P Global Ratings today assigned its 'A+/A-1' rating to Minnesota Agricultural and Economic Development Board's solid waste disposal revenue bonds (for Spectro Alloys project) series 2025 due May 1, 2055. The 'A+/A-1' rating on the bonds reflects our ratings on Natixis S.A. ('A+/A-1'), the letter of credit (LOC) provider, during the weekly interest rate mode (the rated mode). The 'A+' long-term component of our rating on the bonds reflects our long-term issuer credit rating on Natixis S.A. and addresses our expectation of full and timely interest and principal payments when the noteholders have not exercised the put option. The 'A-1' short-term component of our rating on the bonds reflects our short-term issuer credit rating on Natixis S.A. and addresses our
