June 15, 2020 Series 2020-XF0965 Metropolitan Pier&Exposition Authority, Ill.'s (the McCormick Place expansion project) series 2002A expansion project revenue bonds 2020-XF0966 North Carolina Turnpike Authority's (North Carolina) series 2019 Triangle Expressway system appropriation revenue bonds (capital appreciation 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 and premiums, if any, from the underlying securities and the liquidity facility, which is in place to support tender payments on the floaters. The
