Dec. 18, 2019 2019-XF0850 Michigan Finance Authority's (Trinity Health Credit Group) series MI 2019A tax-exempt hospital revenue bonds 2019-XF0854 Michigan Finance Authority's (Trinity Health Credit Group) series MI 2019A tax-exempt hospital revenue bonds JPMorgan Chase Bank N.A. FMSbonds Inc. JPMorgan Securities LLC S&P Global Ratings assigned the above-mentioned ratings to the floater and residual receipts (collectively the receipts), reflecting its opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the receipts. Trust assets include all distributions of principal; interest; and premiums, if any, from the underlying securities and the liquidity facility, which is in place to support tender payments on the floaters. The long-term component of our rating on
