Vermont Student Assistance Corp. $50.405 Million Notes Series 2017A And 2017B Assigned Preliminary 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 preliminary ratings to the senior series 2017A and subordinate series 2017B notes. The preliminary 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) May 11, 2017--S&P Global Ratings today assigned its preliminary ratings to Vermont Student Assistance Corp.'s $50.405 million education loan revenue bonds senior series 2017A and subordinate series 2017B tax-exempt fixed-rate bonds (the 2017A and 2017B bonds; see list). The note issuance is an asset-backed securities transaction backed by private fixed-rate

...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 preliminary ratings to the senior series 2017A and subordinate series 2017B notes. + The preliminary 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) May 11, 2017--S&P Global Ratings today assigned its preliminary ratings to Vermont Student Assistance Corp.'s $50.405 million education loan revenue bonds senior series 2017A and subordinate series 2017B tax-exempt fixed-rate bonds (the 2017A and 2017B bonds; see list). The note 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 preliminary ratings are...

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