Closing date: Jan. 30, 2023 Series: 2022-XM1098 Underlying security: City of San Antonio, Texas Water System junior-lien revenue bonds, series 2022B Liquidity provider: JPMorgan Chase Bank N.A. Administrative agent: Mesirow Financial Inc. Remarketing agent: JPMorgan Securities LLC Rated mode: Daily 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
