OVERVIEW Illinois Finance Authority's issuance is an ABS transaction backed by private student loans made under Midwestern University Foundation's loan program to students pursuing graduate and professional degrees at Midwestern University's Illinois campus. We assigned our ratings to the senior series 2015A and subordinate series 2015B bonds. The ratings reflect our view of the transaction's credit enhancement, expected parity, and legal structure, among other factors. NEW YORK (Standard&Poor's) June 24, 2015--Standard&Poor's Ratings Services today assigned its ratings to Illinois Finance Authority's (Midwestern University Foundation) $15 million graduate and professional student loan program revenue bonds series 2015 (see list). The note issuance is an asset-backed securities transaction backed by private student loans made under Midwestern University Foundation's
