June 26, 2025 2025- XF1969 The Metropolitan Government of Nashville and Davidson County (Tennessee) Water and Sewer Revenue Refunding and Improvement Bonds, Series 2025 Bank of America, National Association FMSbonds Inc. BofA Securities, Inc Weekly 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 liquidity facility, which is in place to support tender payments on the floaters. The long-term component of our rating on the floaters reflects the ratings on the underlying