...- Rhode Island Student Loan Authority's issuance is an ABS transaction backed by a pool of refinance and in-school fixed-rate student loans originated under Rhode Island Student Loan Authority's student loan programs. - We assigned our ratings to the 2024 senior series A (TE) and senior series 2024-1 (TX) bonds. - The ratings reflect our view of the transaction's credit support, parity, and legal structure, among other factors. ENGLEWOOD (S&P Global Ratings) April 24, 2024--S&P Global Ratings today assigned its ratings to Rhode Island Student Loan Authority's (RISLA's) education loan revenue bonds 2024 senior series A (TE) and senior series 2024-1 (TX) bonds (together, the 2024 senior series bonds) (see list). The bond issuance is an ABS transaction backed by a pool of refinance and in-school fixed-rate student loans originated under RISLA's student loan programs. The ratings reflect our view of: - The approximately 12.0%-12.6% credit support available, based on '##' stressed break-even...
