Summary: Virginia Housing Development Authority Barclays Capital Inc.; Tender Option Certificates/Bonds

Closing date: Dec. 17, 2024 2024-XX1364 Virginia Housing Development Authority rental housing bonds 2024 series E-Non-AMT Barclays Bank PLC Barclays Capital Inc. Barclays Capital Inc. Weekly S&P Global Ratings assigned the above-mentioned ratings to the floater certificates, reflecting its opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the certificates. Trust assets include all distributions of principal; interest; and premiums, if any, from the underlying securities and liquidity facility, which is in place to support tender payments on the floaters. The long-term component of our rating on the floaters reflects the ratings on the underlying securities and addresses full and timely interest-and-principal payments when certificateholders have not exercised the

...S&P Global Ratings assigned the above-mentioned ratings to the floater certificates, reflecting its opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the certificates. Trust assets include all distributions of principal; interest; and premiums, if any, from the underlying securities and liquidity facility, which is in place to support tender payments on the floaters. The long-term component of our rating on the floaters reflects the ratings on the underlying securities and addresses full and timely interest-and-principal payments when certificateholders have not exercised the put option. The short-term component reflects the lower of our rating on the liquidity provider or the short-term equivalent of our...

Summary