Standard&Poor's Ratings Services assigned its 'AA+ (sf)/A-1 (sf)' rating to Eagle Tax-Exempt Trust's series 20140035 17g-5 class A certificates of participation, relating to Metropolitan Transport Authority, N.Y.'s series 2006B dedicated tax fund bonds. The long-term component of the rating is based on the higher of the ratings on the underlying asset and the bond insurance provider, Berkshire Hathaway Assurance Corp. (BHAC). (Currently, the rating on the underlying asset is 'AA', and the rating on BHAC is 'AA+' with a negative outlook.) The short-term component of the rating is based on the rating on the liquidity facility provider, Citibank N.A. The negative outlook is based on the outlook on BHAC. SEC Rule 17g-7 requires an NRSRO, for any report
