Vermont Student Assistance Corp. 1995 Master Trust Ratings Affirmed On 38 Classes - S&P Global Ratings’ Credit Research

Vermont Student Assistance Corp. 1995 Master Trust Ratings Affirmed On 38 Classes

Vermont Student Assistance Corp. 1995 Master Trust Ratings Affirmed On 38 Classes - S&P Global Ratings’ Credit Research
Vermont Student Assistance Corp. 1995 Master Trust Ratings Affirmed On 38 Classes
Published Mar 01, 2012
9 pages (3516 words) — Published Mar 01, 2012
Price US$ 150.00  |  Buy this Report Now

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Abstract:

OVERVIEW We affirmed our ratings on 38 notes issued by Vermont Student Assistance Corp. These notes were all issued out of the issuer's 1995 Education Loan Revenue Bond Resolution, which is a master trust. At the same time we removed them from CreditWatch negative. The affirmations reflect our view that the available credit enhancement is sufficient to support the respective classes at their current rating levels of 'A (sf)'. NEW YORK (Standard&Poor's) March 1, 2012--Standard&Poor's Ratings Services today affirmed its 'A (sf)' ratings on 38 classes of notes issued by Vermont Student Assistance Corp. (VSAC). These notes were all issued out of the issuer's 1995 Education Loan Revenue Bond Resolution, which is an asset-backed securities (ABS)

  
Brief Excerpt:

...OVERVIEW + We affirmed our ratings on 38 notes issued by Vermont Student Assistance Corp. These notes were all issued out of the issuer's 1995 Education Loan Revenue Bond Resolution, which is a master trust. At the same time we removed them from CreditWatch negative. + The affirmations reflect our view that the available credit enhancement is sufficient to support the respective classes at their current rating levels of 'A (sf)'. NEW YORK (Standard & Poor's) March 1, 2012--Standard & Poor's Ratings Services today affirmed its 'A (sf)' ratings on 38 classes of notes issued by Vermont Student Assistance Corp. (VSAC). These notes were all issued out of the issuer's 1995 Education Loan Revenue Bond Resolution, which is an asset-backed securities (ABS) master trust backed by student loans. Concurrently, we removed the ratings from CreditWatch with negative implications, where we placed them Aug. 9, 2010 (see list). The affirmations reflect our view that the available credit enhancement is sufficient...

  
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. "Vermont Student Assistance Corp. 1995 Master Trust Ratings Affirmed On 38 Classes" Mar 01, 2012. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Vermont-Student-Assistance-Corp-1995-Master-Trust-Ratings-Affirmed-On-38-Classes-1664688>
  
APA:
S&P Global Ratings’ Credit Research. (). Vermont Student Assistance Corp. 1995 Master Trust Ratings Affirmed On 38 Classes Mar 01, 2012. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Vermont-Student-Assistance-Corp-1995-Master-Trust-Ratings-Affirmed-On-38-Classes-1664688>
  
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