Summary: George K. Baum&Co. (Series 2019-XG0234); Joint Criteria

July 11, 2019 2019-XG0234 Lee Memorial Health System, Fla.'s series 2019A-1 hospital revenue and revenue refunding bonds Bank of America N.A. George K. Baum&Co. BofA Securities Inc. Bank of America N.A. S&P Global Ratings affirmed the above-mentioned ratings to the custody, floater, and residual receipts (collectively the receipts), reflecting its opinion of the likelihood the trust, as custody receipt holder, will have sufficient assets to pay timely interest and full principal when due on the floater receipts following the addition of underlying bonds. S&P Global Ratings also assigned the above-mentioned ratings to the custody and residual receipts (collectively the receipts) added to the trust following this deposit of additional underlying bonds, reflecting its opinion of the likelihood the

...S&P Global Ratings affirmed the above-mentioned ratings to the custody, floater, and residual receipts (collectively the receipts), reflecting its opinion of the likelihood the trust, as custody receipt holder, will have sufficient assets to pay timely interest and full principal when due on the floater receipts following the addition of underlying bonds. S&P Global Ratings also assigned the above-mentioned ratings to the custody and residual receipts (collectively the receipts) added to the trust following this deposit of additional underlying bonds, reflecting its opinion of the likelihood the trust, as custody receipt holder, will have sufficient assets to pay timely interest and full principal when due on the floater receipts following the addition of underlying bonds. Trust assets include all distributions of principal; interest; and premiums, if any, from the custody receipts and liquidity facility, which is in place to support tender payments on floaters and residuals. The long-term...

Summary