OVERVIEW Vermont Student Assistance Corp.'s series 2012-B issuance is an ABS securitization backed by private student loans made under Vermont Student Assistance Corp.'s loan programs. We assigned our preliminary ratings to the class A-1 and A-2 notes. The preliminary ratings reflect our view of the transaction's credit support, initial parity, and the loan pool's credit quality, among other factors. NEW YORK (Standard&Poor's) Nov. 9, 2012--Standard&Poor's Ratings Services today assigned its preliminary ratings to Vermont Student Assistance Corp.'s $135.1 million education loan revenue notes series 2012-B (see list). The note issuance is an asset-backed securities transaction backed by private student loans made under Vermont Student Assistance Corp.'s loan programs. The preliminary rating is based on information as
