Standard&Poor's Ratings Services affirmed its 'AA+/A-1' and 'AA+' ratings on Deutsche Bank Securities Inc.'s series DB-1269 short puttable exempt adjustable receipts (SPEARs) and long inverse floating exempt receipts (LIFERs), respectively, relating to San Antonio Public Facilities Corp., Texas' (Convention Center Refinancing and Expansion Project) series 2012 improvement and refunding lease revenue bonds, issued for San Antonio. The affirmation reflects a deposit of additional bonds into the trust. The long-term component of the ratings on the SPEARs and LIFERs is based on the 'AA+' rated underlying asset. The short-term component of the rating on the SPEARs is based on a liquidity facility provided by Deutsche Bank AG. SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit
