Vermont Student Assistance Corp. Series 2012A 'A (sf)' Ratings Affirmed

OVERVIEW We reviewed the ratings on the Series 2012A bonds issued by Vermont Student Assistance Corp. The trust is backed by a pool of private student loan collateral. We affirmed our ratings on 15 classes from the Series 2012A bonds issued by Vermont Student Assistance Corp. out of its July 2012 master trust. The affirmations reflect the trust's existing credit support and timely interest and principal payments under stressed cash flow modeling scenarios, among other factors. NEW YORK (Standard&Poor's) July 2, 2013--Standard&Poor's Ratings Services today affirmed its ratings on 15 classes from the Series 2012A bonds issued by Vermont Student Assistance Corp. (see list). The bonds are backed by a pool of private student loans. These

...OVERVIEW + We reviewed the ratings on the Series 2012A bonds issued by Vermont Student Assistance Corp. The trust is backed by a pool of private student loan collateral. + We affirmed our ratings on 15 classes from the Series 2012A bonds issued by Vermont Student Assistance Corp. out of its July 2012 master trust. + The affirmations reflect the trust's existing credit support and timely interest and principal payments under stressed cash flow modeling scenarios, among other factors. NEW YORK (Standard & Poor's) July 2, 2013--Standard & Poor's Ratings Services today affirmed its ratings on 15 classes from the Series 2012A bonds issued by Vermont Student Assistance Corp. (see list). The bonds are backed by a pool of private student loans. These bonds were issued out of the corporation's July 2012 master trust. Today, the corporation also issued additional bonds from this trust (see " Vermont Student Assistance Corp. Senior Series 2013A $15.595 Million Bonds Rated," July 2, 2013). As part...

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