March 15, 2018 2018-ZM0602 Midlothian Independent School District, Texas' series 2018 unlimited-tax general obligation school building bonds 2018-ZM0603 East Bay Municipal Utility District, Calif.'s series 2017A water system revenue bonds (green bonds) Citibank N.A. Mesirow Financial Inc. Citigroup Global Markets Inc. S&P Global Ratings assigned the above-mentioned ratings to the floater and residual receipts (collectively the receipts), reflecting S&P Global Ratings' 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