Rhode Island Student Loan Authority $41.365 Million 2015 Senior Series A Bonds Assigned Preliminary 'A+ (sf)' Rating

OVERVIEW Rhode Island Student Loan Authority's 2015 senior series A issuance is an ABS securitization backed by private student loans originated under its student loan and consolidation loan programs. We assigned our preliminary 'A+ (sf)' rating to the 2015 senior series A bonds. The preliminary 'A+ (sf)' rating reflects our view of the transaction's available credit support, initial parity, and the credit quality of both the outstanding loans and the loans to be originated, among other factors. NEW YORK (Standard&Poor's) April 3, 2015--Standard&Poor's Ratings Services today assigned its preliminary 'A+ (sf)' rating to Rhode Island Student Loan Authority's (RISLA's) $41.365 million 2015 senior series A student loan program revenue bonds (see list). The bond issuance is

...OVERVIEW + Rhode Island Student Loan Authority's 2015 senior series A issuance is an ABS securitization backed by private student loans originated under its student loan and consolidation loan programs. + We assigned our preliminary 'A+ (sf)' rating to the 2015 senior series A bonds. + The preliminary 'A+ (sf)' rating reflects our view of the transaction's available credit support, initial parity, and the credit quality of both the outstanding loans and the loans to be originated, among other factors. NEW YORK (Standard & Poor's) April 3, 2015--Standard & Poor's Ratings Services today assigned its preliminary 'A+ (sf)' rating to Rhode Island Student Loan Authority's (RISLA's) $41.365 million 2015 senior series A student loan program revenue bonds (see list). The bond issuance is an asset-backed securitization backed by private student loans originated under the RISLA's student loan and consolidation loan programs. The preliminary rating is based on information as of April 3, 2015. Subsequent...

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