Nine Ratings Raised, 49 Ratings Affirmed on 10 Rhode Island Student Loan Authority Series - S&P Global Ratings’ Credit Research

Nine Ratings Raised, 49 Ratings Affirmed on 10 Rhode Island Student Loan Authority Series

Nine Ratings Raised, 49 Ratings Affirmed on 10 Rhode Island Student Loan Authority Series - S&P Global Ratings’ Credit Research
Nine Ratings Raised, 49 Ratings Affirmed on 10 Rhode Island Student Loan Authority Series
Published Jul 07, 2020
7 pages (2525 words) — Published Jul 07, 2020
Price US$ 150.00  |  Buy this Report Now

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Abstract:

OVERVIEW We raised our ratings on nine bonds from Rhode Island Student Loan Authority's series 2010A, 2010B, 2012A, 2013A, 2014A, 2015A, 2016A, 2017A, and 2018A, reflecting the bonds' short-term maturities. We also affirmed our ratings on 49 bonds from Rhode Island Student Loan Authority's series 2010A, 2012A, 2013A, 2014A, 2015A, 2016A, 2017A, 2018A, and 2019A. The affirmations reflect our view of the 2009 trust indenture's credit support, parity, pool characteristics, and the timely interest and principal payments made under stressed cash flow modeling scenarios, among other factors. CENTENNIAL (S&P Global Ratings) July 7, 2020--S&P Global Ratings today raised its ratings on nine bonds and affirmed its ratings on 49 bonds from series 2010A, 2010B, 2012A, 2013A, 2014A, 2015A, 2016A, 2017A,

  
Brief Excerpt:

...OVERVIEW + We raised our ratings on nine bonds from Rhode Island Student Loan Authority's series 2010A, 2010B, 2012A, 2013A, 2014A, 2015A, 2016A, 2017A, and 2018A, reflecting the bonds' short-term maturities. + We also affirmed our ratings on 49 bonds from Rhode Island Student Loan Authority's series 2010A, 2012A, 2013A, 2014A, 2015A, 2016A, 2017A, 2018A, and 2019A. + The affirmations reflect our view of the 2009 trust indenture's credit support, parity, pool characteristics, and the timely interest and principal payments made under stressed cash flow modeling scenarios, among other factors. CENTENNIAL (S&P Global Ratings) July 7, 2020--S&P Global Ratings today raised its ratings on nine bonds and affirmed its ratings on 49 bonds from series 2010A, 2010B, 2012A, 2013A, 2014A, 2015A, 2016A, 2017A, 2018A, and 2019A issued by Rhode Island Student Loan Authority (RISLA) out of its June 2009 indenture (see list). The bonds are backed by a pool of private fixed-rate student loans originated under...

  
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. "Nine Ratings Raised, 49 Ratings Affirmed on 10 Rhode Island Student Loan Authority Series" Jul 07, 2020. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Nine-Ratings-Raised-49-Ratings-Affirmed-on-10-Rhode-Island-Student-Loan-Authority-Series-2474152>
  
APA:
S&P Global Ratings’ Credit Research. (). Nine Ratings Raised, 49 Ratings Affirmed on 10 Rhode Island Student Loan Authority Series Jul 07, 2020. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Nine-Ratings-Raised-49-Ratings-Affirmed-on-10-Rhode-Island-Student-Loan-Authority-Series-2474152>
  
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