Eagle Tax-Exempt Trust Series 20070064 class A certificates of participation, relating to California Educational Facilities Authority revenue bonds (University of Southern California) series 2007A, are rated 'AA+/A-1'. The long-term component of the rating is based on the 'AA+' rated underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Landesbank Hessen-Thueringen Girozentrale until May 1, 2008. The stable outlook is based on the insurance provider.