Vermont Student Assistance Corp. Series 2013-1 Class A Notes 'AA+ (sf)' Rating Affirmed - S&P Global Ratings’ Credit Research

Vermont Student Assistance Corp. Series 2013-1 Class A Notes 'AA+ (sf)' Rating Affirmed

Vermont Student Assistance Corp. Series 2013-1 Class A Notes 'AA+ (sf)' Rating Affirmed - S&P Global Ratings’ Credit Research
Vermont Student Assistance Corp. Series 2013-1 Class A Notes 'AA+ (sf)' Rating Affirmed
Published May 27, 2016
Published May 27, 2016
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Abstract:

OVERVIEW We affirmed our 'AA+ (sf)' rating on the class A notes issued from Vermont Student Assistance Corp.'s series 2013-1, an ABS transaction backed by FFELP student loans. The affirmed rating reflects the trust's sufficient credit enhancement levels and strong collateral profile. NEW YORK (S&P Global Ratings) May 27, 2016--S&P Global Ratings today affirmed its 'AA+ (sf)' rating on the class A notes issued from Vermont Student Assistance Corp.'s (VSAC) series 2013-1, an asset-backed securities (ABS) transaction backed by a pool of Stafford and Consolidation student loans originated through the U.S. Department of Education's (ED's) Federal Family Education Loan Program (FFELP). The affirmation reflects our expectation regarding collateral performance and our view of the current credit enhancement available to support

  
Report Type:

Ratings Action

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Global Issuers, Public Finance, Structured Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Vermont Student Assistance Corp. Series 2013-1 Class A Notes 'AA+ (sf)' Rating Affirmed" May 27, 2016. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Vermont-Student-Assistance-Corp-Series-2013-1-Class-A-Notes-AA-sf-Rating-Affirmed-1644960>
  
APA:
S&P Global Ratings’ Credit Research. (). Vermont Student Assistance Corp. Series 2013-1 Class A Notes 'AA+ (sf)' Rating Affirmed May 27, 2016. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Vermont-Student-Assistance-Corp-Series-2013-1-Class-A-Notes-AA-sf-Rating-Affirmed-1644960>
  
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