Oct. 21, 2026 2026-XL0827 City of Houston, Texas, airport system subordinate lien revenue and refunding bonds, series 2023A (AMT) Assured Guaranty Municipal Corp. Wells Fargo Bank N.A. Loop Capital Markets LLC Wells Fargo Bank N.A. Daily S&P Global Ratings assigned its 'AA/A-1' and 'AA' ratings to the floater and residual certificates (collectively the certificates), reflecting its opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the certificates. Trust assets include all distributions of principal; interest; and premiums, if any, from the underlying securities and liquidity facility, which is in place to support tender payments on the floaters. The long-term component of our rating on the floaters reflects the ratings