May 15, 2025 2025-VRS207 National Finance Authority Illinois Finance Authority's (Hope) series 2023A revenue bonds Bank of America N.A. Stifel, Nicolaus&Co. Inc. BofA Securities Inc. Bank of America N.A. Daily S&P Global Ratings assigned the above-mentioned ratings to the custody receipts and class A tender certificates (collectively the receipts), reflecting its opinion of the likelihood the issuer, as custody receiptholder, will have sufficient assets to pay timely interest and full principal when due on the certificates. Issuer assets include all distributions of principal; interest; and premiums, if any, from the custody receipts and liquidity facility, which is in place to support tender payments on the certificates. The long-term rating on the custody receipts reflects the rating on the
