...OVERVIEW + We affirmed our '### (sf)' ratings on four classes of notes from four ABS transactions backed by FFELP student loans. + The affirmations reflect our view of the transactions' increased credit enhancement levels, collateral profiles, available liquidity, and nonreleasing payment structures. + The rating actions also reflect our view that the transaction has sufficient liquidity to cover interest payments to the notes over the next several months, despite the impact of the COVID-19 pandemic. NEW YORK (S&P Global Ratings) June 30, 2020--S&P Global Ratings today affirmed its '###' ratings (see list) on four classes of notes from four student loan transactions backed by a pool of student loans originated through the U.S. Department of Education's (ED's) Federal Family Education Loan Program (FFELP). Our review considered the transactions collateral performance and available liquidity, changes in credit enhancement, and capital and payment structures. We also considered the evolving...
