New Jersey Higher Education Student Assistance Authority Series 2009-A Ratings Raised And Removed From Watch Positive - S&P Global Ratings’ Credit Research

New Jersey Higher Education Student Assistance Authority Series 2009-A Ratings Raised And Removed From Watch Positive

New Jersey Higher Education Student Assistance Authority Series 2009-A Ratings Raised And Removed From Watch Positive - S&P Global Ratings’ Credit Research
New Jersey Higher Education Student Assistance Authority Series 2009-A Ratings Raised And Removed From Watch Positive
Published Feb 28, 2019
8 pages (3134 words) — Published Feb 28, 2019
Price US$ 150.00  |  Buy this Report Now

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Abstract:

OVERVIEW We raised our ratings on the bonds issued from New Jersey Higher Education Student Assistance Authority's series 2009-A, which are backed by a pool of private student loan collateral, and removed them from CreditWatch positive. The upgrade reflects our view that the available credit enhancement is sufficient to support the higher ratings. NEW YORK (S&P Global Ratings) Feb. 28, 2019--S&P Global Ratings today raised its ratings on 10 classes of bonds from New Jersey Higher Education Student Assistance Authority's series 2009-A, an asset-backed securities transaction backed by a pool of private student loan collateral. At the same time, we removed the ratings from CreditWatch positive, where we placed them on July 26, 2018 (see "Ratings On New Jersey Higher

  
Brief Excerpt:

...OVERVIEW + We raised our ratings on the bonds issued from New Jersey Higher Education Student Assistance Authority's series 2009-A, which are backed by a pool of private student loan collateral, and removed them from CreditWatch positive. + The upgrade reflects our view that the available credit enhancement is sufficient to support the higher ratings. NEW YORK (S&P Global Ratings) Feb. 28, 2019--S&P Global Ratings today raised its ratings on 10 classes of bonds from New Jersey Higher Education Student Assistance Authority's series 2009-A, an asset-backed securities transaction backed by a pool of private student loan collateral. At the same time, we removed the ratings from CreditWatch positive, where we placed them on July 26, 2018 (see "Ratings On New Jersey Higher Education Student Assistance Authority 2009 Series A Bonds Placed On CreditWatch Positive," published on July 26, 2018) (see list). We considered the transaction's collateral performance, changes in credit enhancement, and...

  
Report Type:

Ratings Action

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Global Issuers, Public Finance, Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "New Jersey Higher Education Student Assistance Authority Series 2009-A Ratings Raised And Removed From Watch Positive" Feb 28, 2019. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/New-Jersey-Higher-Education-Student-Assistance-Authority-Series-2009-A-Ratings-Raised-And-Removed-From-Watch-Positive-2174290>
  
APA:
S&P Global Ratings’ Credit Research. (). New Jersey Higher Education Student Assistance Authority Series 2009-A Ratings Raised And Removed From Watch Positive Feb 28, 2019. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/New-Jersey-Higher-Education-Student-Assistance-Authority-Series-2009-A-Ratings-Raised-And-Removed-From-Watch-Positive-2174290>
  
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