Rhode Island Student Loan Authority $72.325 Million 2018 Senior Series A Bonds Assigned 'AA (sf)' Ratings

OVERVIEW Rhode Island Student Loan Authority's 2018 senior series A issuance is an ABS transaction backed by private student loans originated under its student loan and consolidation loan programs. We assigned our 'AA (sf)' ratings to the 2018 senior series A bonds. The 'AA (sf)' ratings reflect 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 (S&P Global Ratings) May 15, 2018--S&P Global Ratings today assigned its 'AA (sf)' rating to Rhode Island Student Loan Authority's (RISLA's) $72.325 million student loan program revenue bonds 2018 senior series A (see list). The bond issuance is an asset-backed securities transaction backed

...OVERVIEW + Rhode Island Student Loan Authority's 2018 senior series A issuance is an ABS transaction backed by private student loans originated under its student loan and consolidation loan programs. + We assigned our '## (sf)' ratings to the 2018 senior series A bonds. + The '## (sf)' ratings reflect 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 (S&P Global Ratings) May 15, 2018--S&P Global Ratings today assigned its '## (sf)' rating to Rhode Island Student Loan Authority's (RISLA's) $72.325 million student loan program revenue bonds 2018 senior series A (see list). The bond issuance is an asset-backed securities transaction backed by private student loans originated under Rhode Island Student Loan Authority's student loan and consolidation loan programs. The ratings reflect our view of: + The approximately 20.7%-21.5% credit support available based...

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