Rhode Island Student Loan Authority Ratings Affirmed On 86 Classes From The 2009 And 2018 Master Trusts - S&P Global Ratings’ Credit Research

Rhode Island Student Loan Authority Ratings Affirmed On 86 Classes From The 2009 And 2018 Master Trusts

Rhode Island Student Loan Authority Ratings Affirmed On 86 Classes From The 2009 And 2018 Master Trusts - S&P Global Ratings’ Credit Research
Rhode Island Student Loan Authority Ratings Affirmed On 86 Classes From The 2009 And 2018 Master Trusts
Published Oct 25, 2022
6 pages (2246 words) — Published Oct 25, 2022
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Abstract:

We reviewed our ratings on bonds backed by pools of private student loans made under Rhode Island Student Loan Authority's loan program. We affirmed our ratings on 86 classes from its 2009 and 2018 trust indentures. The seven affirmations at the 'AAA (sf)' level reflect these bonds' short terms to maturity and the trusts' capital and payment structures. The remaining 79 affirmations reflect our view that available credit enhancement levels are sufficient to support the respective classes at their current rating levels and that the trust may issue additional bonds, which could affect the level of available credit enhancement. CENTENNIAL (S&P Global Ratings) Oct. 25, 2022--S&P Global Ratings today affirmed its ratings on 86 classes of bonds issued under Rhode

  
Brief Excerpt:

...- We reviewed our ratings on bonds backed by pools of private student loans made under Rhode Island Student Loan Authority's loan program. - We affirmed our ratings on 86 classes from its 2009 and 2018 trust indentures. - The seven affirmations at the '### (sf)' level reflect these bonds' short terms to maturity and the trusts' capital and payment structures. - The remaining 79 affirmations reflect our view that available credit enhancement levels are sufficient to support the respective classes at their current rating levels and that the trust may issue additional bonds, which could affect the level of available credit enhancement. CENTENNIAL (S&P Global Ratings) Oct. 25, 2022--S&P Global Ratings today affirmed its ratings on 86 classes of bonds issued under Rhode Island Student Loan Authority's (RISLA's) 2009 and 2018 trust indentures. (See ratings list.) The bonds are backed by pools of private student loans made under RISLA's student loan programs. The trusts consist of serial and term,...

  
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Ratings Action

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MLA:
S&P Global Ratings’ Credit Research. "Rhode Island Student Loan Authority Ratings Affirmed On 86 Classes From The 2009 And 2018 Master Trusts" Oct 25, 2022. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Rhode-Island-Student-Loan-Authority-Ratings-Affirmed-On-86-Classes-From-The-2009-And-2018-Master-Trusts-2908169>
  
APA:
S&P Global Ratings’ Credit Research. (). Rhode Island Student Loan Authority Ratings Affirmed On 86 Classes From The 2009 And 2018 Master Trusts Oct 25, 2022. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Rhode-Island-Student-Loan-Authority-Ratings-Affirmed-On-86-Classes-From-The-2009-And-2018-Master-Trusts-2908169>
  
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