Pennsylvania Higher Education Assistance Agency Series 2021A And 2021B Bonds Assigned Preliminary Ratings

Pennsylvania Higher Education Assistance Agency's series 2021A and 2021B is an ABS issuance backed by fixed-rate private student loans originated under PHEAA's PA Forward Student Loan Programs. We assigned our preliminary ratings to the senior series 2021A and subordinate series 2021B bonds. The preliminary ratings reflect our view of the transaction's credit support, expected initial senior parity, and payment structure, among other factors. NEW YORK (S&P Global Ratings) May 24, 2021--S&P Global Ratings today assigned its preliminary ratings to Pennsylvania Higher Education Assistance Agency's (PHEAA) $64.1 million education loan revenue bonds senior series 2021A and subordinate series 2021B tax-exempt AMT fixed-rate bonds (the 2021A and 2021B bonds) (see list). The bond issuance is an ABS transaction backed by fixed-rate private

...- Pennsylvania Higher Education Assistance Agency's series 2021A and 2021B is an ABS issuance backed by fixed-rate private student loans originated under PHEAA's PA Forward Student Loan Programs. - We assigned our preliminary ratings to the senior series 2021A and subordinate series 2021B bonds. - The preliminary ratings reflect our view of the transaction's credit support, expected initial senior parity, and payment structure, among other factors. NEW YORK (S&P Global Ratings) May 24, 2021--S&P Global Ratings today assigned its preliminary ratings to Pennsylvania Higher Education Assistance Agency's (PHEAA) $64.1 million education loan revenue bonds senior series 2021A and subordinate series 2021B tax-exempt AMT fixed-rate bonds (the 2021A and 2021B bonds) (see list). The bond issuance is an ABS transaction backed by fixed-rate private student loans originated under PHEAA's PA Forward Student Loan Programs. The preliminary ratings are based on information as of May 24, 2021. Subsequent...

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