OVERVIEW Rhode Island Student Loan Authority Series 2012 A's issuance is an ABS securitization backed by private student loans originated under the Rhode Island Family Education Loan Program or the private consolidation loan program. We assigned our preliminary 'A+ (sf)' rating to the 2012 senior series A bonds. The preliminary rating reflects our view of the transaction's credit support, parity, and timely interest and principal payments, among other factors. NEW YORK (Standard&Poor's) Feb. 2, 2012--Standard&Poor's Ratings Services today assigned its preliminary 'A+ (sf)' rating to Rhode Island Student Loan Authority's $17.940 million 2012 senior series A student loan program revenue bonds. The note issuance is an asset-backed securitization backed by private student loans originated under the
