Standard&Poor's Ratings Services has assigned its 'AAA' rating to New Mexico Finance Authority's series 2016A senior-lien public project revolving fund (PPRF) revenue bonds, and its 'AA+' rating to the authority's series 2016B subordinate-lien PPRF revenue bonds. At the same time, Standard&Poor's has affirmed its 'AAA' rating on the authority's outstanding senior-lien bonds and its 'AA+' rating on the authority's outstanding subordinate-lien bonds. The 'AAA' rating on the senior-lien bonds continues to reflect our view of the combination of a very strong enterprise risk profile score and an extremely strong financial risk profile score, resulting from: A very strong market position; An extremely strong loss coverage score, partially offset by the high degree of concentration in the
