Fitch Rates Tender Option Bond Series 2016-YX1035 Trust

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has assigned the following ratings to the Floater Certificates and Residual Certificates of the Tender Option Bond Trust series listed below: –Floater Certificates, Series 2016-YX1035 ‘A/F1’, Stable Outlook; –Residual Certificates, Series 2016-YX1035 ‘A’, Stable Outlook. KEY RATING DRIVERS The long-term ‘A’, Stable Outlook ratings assigned to the series 2016-YX1035 Floater and Residual Certificates and are based on the rating that Fitch has assigned to