Pennsylvania Higher Education Assistance Agency Series 2022A And 2022B Bonds Assigned Ratings

Pennsylvania Higher Education Assistance Agency's series 2022A and 2022B is an ABS issuance backed by fixed-rate, private student loans originated under PHEAA's PA Forward Student Loan Programs. We assigned our ratings to the senior series 2022A and subordinate series 2022B bonds. The ratings reflect our view of the transaction's credit support, initial senior and subordinate bond parities, and payment and legal structure, as well as the credit quality of both the existing loans and the loans to be originated, among other factors. NEW YORK (S&P Global Ratings) June 9, 2022--S&P Global Ratings today assigned its ratings to Pennsylvania Higher Education Assistance Agency's (PHEAA) education loan revenue bonds senior series 2022A and subordinate series 2022B fixed-rate bonds (the 2022A and 2022B

...- Pennsylvania Higher Education Assistance Agency's series 2022A and 2022B is an ABS issuance backed by fixed-rate, private student loans originated under PHEAA's PA Forward Student Loan Programs. - We assigned our ratings to the senior series 2022A and subordinate series 2022B bonds. - The ratings reflect our view of the transaction's credit support, initial senior and subordinate bond parities, and payment and legal structure, as well as the credit quality of both the existing loans and the loans to be originated, among other factors. NEW YORK (S&P Global Ratings) June 9, 2022--S&P Global Ratings today assigned its ratings to Pennsylvania Higher Education Assistance Agency's (PHEAA) education loan revenue bonds senior series 2022A and subordinate series 2022B fixed-rate bonds (the 2022A and 2022B 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 2022A and 2022B bonds were...

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