OVERVIEW We affirmed our 'AA+ (sf)' ratings on three senior classes of notes issued by Louisiana Public Facilities Authority, Series 2011A, an ABS trust backed by FFELP student loans. The affirmed ratings reflect the trust's sufficient credit enhancement position as measured by parity, strong collateral profile, and low cost of funds. NEW YORK (Standard&Poor's) May 10, 2013--Standard&Poor's Ratings Services today affirmed its 'AA+ (sf)' ratings on three senior classes of notes issued by Louisiana Public Facilities Authority, Series 2011A (LPFA). LPFA is a U.S. asset-backed securities (ABS) trust backed by Federal Family Education Loan Program (FFELP) student loans. The affirmations reflect our view that the collateral is performing as expected and that available credit enhancement levels
