...OVERVIEW + Rhode Island Student Loan Authority's 2010 senior series B bond issuance is a securitization of private student loans originated under Rhode Island Student Loan Authority's Rhode Island Family Education Loan Program and private consolidation loan program. + We assigned our 'A+ (sf)' ratings to 15 serial 2010 senior series B bonds. + The ratings reflect our view of the transaction's credit support and initial parity, the credit quality of the loan pool, our stress scenarios, and other factors. NEW YORK (Standard & Poor's) Dec. 16, 2010--Standard & Poor's Ratings Services today assigned its 'A+ (sf)' ratings to Rhode Island Student Loan Authority's (the Authority's) $25.57 million serial student loan program revenue bonds 2010 senior series B (see list). The ratings reflect our view of: + The availability of approximately 20% credit support, including excess spread (based on stressed cash flow scenarios), which provides coverage for stressed credit losses that are commensurate...
