Ten Ratings Raised, 68 Ratings Affirmed On 10 Rhode Island Student Loan Authority Series - S&P Global Ratings’ Credit Research

Ten Ratings Raised, 68 Ratings Affirmed On 10 Rhode Island Student Loan Authority Series

Ten Ratings Raised, 68 Ratings Affirmed On 10 Rhode Island Student Loan Authority Series - S&P Global Ratings’ Credit Research
Ten Ratings Raised, 68 Ratings Affirmed On 10 Rhode Island Student Loan Authority Series
Published May 08, 2019
8 pages (2690 words) — Published May 08, 2019
Price US$ 150.00  |  Buy this Report Now

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Abstract:

OVERVIEW We raised our ratings on 10 bonds from Rhode Island Student Loan Authority's series 2009A, 2010A, 2010B, 2012A, 2013A, 2014A, 2015A, 2016A, and 2017A, reflecting the bonds' short-term maturities. We also affirmed our ratings on 68 bonds from Rhode Island Student Loan Authority's series 2009A, 2010A, 2010B, 2012A, 2013A, 2014A, 2015A, 2016A, 2017A, and 2018A. The affirmations reflect our view of the 2009 trust indenture's credit support, parity, pool characteristics, and the timely interest and principal payments made under stressed cash flow modeling scenarios, among other factors. NEW YORK (S&P Global Ratings) May 8, 2019--S&P Global Ratings today raised its ratings on 10 bonds and affirmed its ratings on 68 bonds from series 2009A, 2010A, 2010B, 2012A, 2013A, 2014A,

  
Brief Excerpt:

...OVERVIEW + We raised our ratings on 10 bonds from Rhode Island Student Loan Authority's series 2009A, 2010A, 2010B, 2012A, 2013A, 2014A, 2015A, 2016A, and 2017A, reflecting the bonds' short-term maturities. + We also affirmed our ratings on 68 bonds from Rhode Island Student Loan Authority's series 2009A, 2010A, 2010B, 2012A, 2013A, 2014A, 2015A, 2016A, 2017A, and 2018A. + The affirmations reflect our view of the 2009 trust indenture's credit support, parity, pool characteristics, and the timely interest and principal payments made under stressed cash flow modeling scenarios, among other factors. NEW YORK (S&P Global Ratings) May 8, 2019--S&P Global Ratings today raised its ratings on 10 bonds and affirmed its ratings on 68 bonds from series 2009A, 2010A, 2010B, 2012A, 2013A, 2014A, 2015A, 2016A, 2017A, and 2018A issued by Rhode Island Student Loan Authority (RISLA) out of its June 2009 indenture (see list). The bonds are backed by a pool of private fixed-rate student loans originated under...

  
Report Type:

Ratings Action

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Global Issuers, Public Finance, Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "Ten Ratings Raised, 68 Ratings Affirmed On 10 Rhode Island Student Loan Authority Series" May 08, 2019. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ten-Ratings-Raised-68-Ratings-Affirmed-On-10-Rhode-Island-Student-Loan-Authority-Series-2228978>
  
APA:
S&P Global Ratings’ Credit Research. (). Ten Ratings Raised, 68 Ratings Affirmed On 10 Rhode Island Student Loan Authority Series May 08, 2019. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ten-Ratings-Raised-68-Ratings-Affirmed-On-10-Rhode-Island-Student-Loan-Authority-Series-2228978>
  
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