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ration and having a combined capital and surplus of not less than $100,000,000, commercial paper having a Moody's rating of Prime-1 or Prime-2 or a Standard & Poor's rating of A-1 or A-2, or-securities of public investment companies registered with the Securities and Exchange Commission, with assets in excess of
CREATING THE SECURITIES AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. THESE SECURITIES HAVE NOT BEEN RECOMMENDED BY ANY FEDERAL OR STATE SECURITIES COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE, THE FOREGOING AUTHORITIES HAVE NOT CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF THIS OFFERING. ANY REPR
ration and having a combined capital and surplus of not less than $100,000,000, commercial paper having a Moody's rating of Prime-1 or Prime-2 or a Standard & Poor's rating of A-1 or A-2, or-securities of public investment companies registered with the Securities and Exchange Commission, with assets in excess of
Y CREATING THE SECURITIES AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED THESE SECURITIES HAVE NOT BEEN RECOMMENDED BY ANY FEDERAL OR STATE SECURITIES COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE, THE FOREGOING AUTHORITIES HAVE NOT CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF THIS OFFERING. ANY REPR
l paper or other short-term debt obligations having at the date of purchase by the Fund the highest or second highest rating obtainable from either Standard & Poor's, a division of the McGraw-Hill Companies Inc., or Moody's Investors Service Inc., or their respective successors, or other nationally recognized sec
THE TERMS AND CONDITIONS OF THE OFFERING. INCLUDING THE MERITS AND RISKS INVOLVED. THESE INTERESTS HAVE NOT BEEN RECOMMENDED BY ANY UNITED STATES FEDERAL OR STATE SECURITIES COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE, THE FOREGOING AUTHORITIES HAVE NOT CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF THIS MEMORANDUM. ANY REP
Entities connected to both Standard & Poor's and FEDERAL OR STATE SECURITIES COMMISSION OR

Moody's
ORGANIZATION
United States
LOCATION
George W. Bush
PERSON
Samantha Power
PERSON
Columbia University
LOCATIONNonrecourse Liability
ORGANIZATIONthe District of Columbia
LOCATIONOFFEREES
ORGANIZATIONNonrecourse Debt
ORGANIZATIONEastern District
LOCATIONHERETO
ORGANIZATION
Louisiana
LOCATION
Michigan
LOCATIONthe Regulatory Allocations
ORGANIZATIONBaton Rouge
LOCATIONUnited States Treasury
ORGANIZATIONConfidential Offering Memorandum
ORGANIZATIONThe Gross Asset
ORGANIZATIONThe Gross Asset Values of Company
ORGANIZATION
Limited Liability Company
ORGANIZATION