Ratings Affirmed On 31 Classes From Three Rhode Island Student Loan Authority Series - S&P Global Ratings’ Credit Research

Ratings Affirmed On 31 Classes From Three Rhode Island Student Loan Authority Series

Ratings Affirmed On 31 Classes From Three Rhode Island Student Loan Authority Series - S&P Global Ratings’ Credit Research
Ratings Affirmed On 31 Classes From Three Rhode Island Student Loan Authority Series
Published Nov 23, 2021
5 pages (1892 words) — Published Nov 23, 2021
Price US$ 150.00  |  Buy this Report Now

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Abstract:

OVERVIEW We affirmed our ratings on the series 2018, 2019, and 2021 bonds issued under Rhode Island Student Loan Authority's 2018 master indenture. The affirmations reflect our view of the 2018 trust indenture's credit support, parity, pool characteristics, and the interest and principal payments made under stressed cash flow modeling scenarios, among other factors. NEW YORK (S&P Global Ratings) Nov. 23, 2021--S&P Global Ratings today affirmed its ratings on 31 bonds from Rhode Island Student Loan Authority's (RISLA) senior series 2018, 2019, and 2021 transactions (see list). The bonds were issued by RISLA under its June 2018 master indenture and are backed by a pool of private fixed-rate student loans originated under the Rhode Island Family Education Loan Program or

  
Brief Excerpt:

...OVERVIEW + We affirmed our ratings on the series 2018, 2019, and 2021 bonds issued under Rhode Island Student Loan Authority's 2018 master indenture. + The affirmations reflect our view of the 2018 trust indenture's credit support, parity, pool characteristics, and the interest and principal payments made under stressed cash flow modeling scenarios, among other factors. NEW YORK (S&P Global Ratings) Nov. 23, 2021--S&P Global Ratings today affirmed its ratings on 31 bonds from Rhode Island Student Loan Authority's (RISLA) senior series 2018, 2019, and 2021 transactions (see list). The bonds were issued by RISLA under its June 2018 master indenture and are backed by a pool of private fixed-rate student loans originated under the Rhode Island Family Education Loan Program or RISLA's private consolidation loan program. On Nov. 16, 2021, RISLA issued additional bonds from the 2018 master indenture (see "Rhode Island Student Loan Authority Series 2021-2 Bonds Assigned Ratings, " published Nov....

  
Report Type:

Ratings Action

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Global Issuers, Public Finance, Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "Ratings Affirmed On 31 Classes From Three Rhode Island Student Loan Authority Series" Nov 23, 2021. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-Affirmed-On-31-Classes-From-Three-Rhode-Island-Student-Loan-Authority-Series-2760426>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings Affirmed On 31 Classes From Three Rhode Island Student Loan Authority Series Nov 23, 2021. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-Affirmed-On-31-Classes-From-Three-Rhode-Island-Student-Loan-Authority-Series-2760426>
  
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