Standard&Poor's Ratings Services assigned its 'AA+/A-1+' and 'AA+' ratings to Barclays Capital Inc.'s floating and residual receipts series 2011-27B, respectively, relating to King County, Wash.'s sewer revenue and refunding bonds series 2011B. The long-term component of the rating on the floating and residual certificates is based on the rating on the underlying bonds (AA+). The short-term component of the rating on the floating receipts is based on the rating on Barclays Bank PLC, until Oct. 1, 2012. SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed security as defined in the Rule, to include a description of the representations, warranties and enforcement mechanisms available to investors and a description of
