Vermont Student Assistance Corp. $50.405 Million Bonds Series 2017A And 2017B Assigned Ratings

OVERVIEW Vermont Student Assistance Corp.'s issuance is an ABS transaction backed by private fixed-rate student loans made under Vermont Student Assistance Corp.'s Student Advantage and Parent Advantage loan programs. We assigned our ratings to the senior series 2017A and subordinate series 2017B notes. The ratings reflect our view of the transaction's credit support, credit quality, and payment and legal structures, among other factors. NEW YORK (S&P Global Ratings) June 15, 2017--S&P Global Ratings today assigned its ratings to Vermont Student Assistance Corp.'s (VSAC's) $50.405 million education loan revenue, tax-exempt, and fixed-rate bonds senior series 2017A and subordinate series 2017B (the 2017A and 2017B bonds; see list). The bond issuance is an asset-backed securities transaction backed by private fixed-rate student loans

...OVERVIEW + Vermont Student Assistance Corp.'s issuance is an ABS transaction backed by private fixed-rate student loans made under Vermont Student Assistance Corp.'s Student Advantage and Parent Advantage loan programs. + We assigned our ratings to the senior series 2017A and subordinate series 2017B notes. + The ratings reflect our view of the transaction's credit support, credit quality, and payment and legal structures, among other factors. NEW YORK (S&P Global Ratings) June 15, 2017--S&P Global Ratings today assigned its ratings to Vermont Student Assistance Corp.'s (VSAC's) $50.405 million education loan revenue, tax-exempt, and fixed-rate bonds senior series 2017A and subordinate series 2017B (the 2017A and 2017B bonds; see list). The bond issuance is an asset-backed securities transaction backed by private fixed-rate student loans made under Vermont Student Assistance Corp.'s Student Advantage and Parent Advantage loan programs. The ratings reflect: + The availability of approximately...

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