Nov. 22, 2022 2022-XL0365 Massachusetts Development Finance Agency's (Massachusetts Institute of Technology) series 2020P revenue bonds UBS AG, acting through its Stamford branch Loop Capital Markets LLC UBS Financial Services Inc. 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 the floaters reflects the ratings on the underlying securities and addresses
