...OVERVIEW + We reviewed our ratings on Vermont Student Assistant Corp.'s senior series 2015A, which is an ABS transaction that is backed by a pool of private student loan collateral. + We raised our rating on the bond that is maturing in June 2021 to '### (sf)' to reflect its short term-to-maturity and the cash on deposit available for redemption. + At the same time, we affirmed our 'A (sf)' ratings on the nine additional series 2015A bonds based on their credit enhancement and better-than-expected collateral performance. The affirmations also reflect our view that the trust may issue additional bonds which could affect the level of available credit enhancement. NEW YORK (S&P Global Ratings) May 27, 2021--S&P Global Ratings today raised its rating on one bond from Vermont Student Assistance Corp.'s (VSAC's) senior series 2015A to '### (sf)' from A (sf). At the same time, we affirmed our 'A (sf)' ratings on nine bonds from the same transaction (see list). The bonds are backed by a pool of...
