One Rating Raised, Eight Affirmed On Six North Carolina State Education Assistance Authority FFELP ABS Deals - S&P Global Ratings’ Credit Research

One Rating Raised, Eight Affirmed On Six North Carolina State Education Assistance Authority FFELP ABS Deals

One Rating Raised, Eight Affirmed On Six North Carolina State Education Assistance Authority FFELP ABS Deals - S&P Global Ratings’ Credit Research
One Rating Raised, Eight Affirmed On Six North Carolina State Education Assistance Authority FFELP ABS Deals
Published Sep 11, 2014
Published Sep 11, 2014
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Abstract:

OVERVIEW We raised our rating on one class and affirmed our ratings on eight classes from six North Carolina State Education Assistance Authority transactions. The upgrade reflects our view of the notes' relatively short remaining lifetime. The rating affirmations reflect our view that the current credit enhancement levels are sufficient to support the ratings. NEW YORK (Standard&Poor's) Sept. 11, 2014--Standard&Poor's Ratings Services today raised its rating on one class of notes and affirmed its ratings on eight classes of notes from six North Carolina State Education Assistance Authority transactions. These asset-backed securities (ABS) transactions are collateralized by student loans originated through the U.S. Department of Education's (ED's) Federal Family Education Loan Program (FFELP). The rating actions

  
Report Type:

Ratings Action

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Public Finance, Structured Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "One Rating Raised, Eight Affirmed On Six North Carolina State Education Assistance Authority FFELP ABS Deals" Sep 11, 2014. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/One-Rating-Raised-Eight-Affirmed-On-Six-North-Carolina-State-Education-Assistance-Authority-FFELP-ABS-Deals-1358595>
  
APA:
S&P Global Ratings’ Credit Research. (). One Rating Raised, Eight Affirmed On Six North Carolina State Education Assistance Authority FFELP ABS Deals Sep 11, 2014. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/One-Rating-Raised-Eight-Affirmed-On-Six-North-Carolina-State-Education-Assistance-Authority-FFELP-ABS-Deals-1358595>
  
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