Standard&Poor's Ratings Services revised its outlook on eight National Public Finance Guarantee Corp.-insured MACON Trust issues to stable. This action follows Standard&Poor's May 10, 2013, upgrade of its rating on National Public Finance Guarantee Corp. to 'A' from 'BBB' (see 'National Public Finance Guarantee Corp. Upgraded To 'A', MBIA Inc. To 'BBB'; All Ratings Off CW; Outlooks Stable,' published May 10, 2013, on RatingsDirect). The long-term 'A' rating component on the variable-rate and inverse-rate certificates is based on the higher of the ratings on the underlying bonds or the insurance provider. The short-term 'A-2' component of the rating on the variable-rate certificates is based on a liquidity facility provided by Bank of America N.A. (capped to
