Vermont Student Assistance Corp. (Series 2019A And 2019B) 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 series 2019A and 2019B bonds. The preliminary ratings reflect our view of the transaction's available credit support, initial parity, and payment and legal structures, as well as the credit quality of both the outstanding loans and the loans to be originated, among other factors. NEW YORK (S&P Global Ratings) April 25, 2019--S&P Global Ratings today assigned its preliminary 'A (sf)' rating to Vermont Student Assistance Corp.'s $37.25 million education loan tax-exempt fixed-rate revenue bonds senior series 2019A and its preliminary 'BBB (sf)' rating to

...April 25, 2019 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 series 2019A and 2019B bonds. - The preliminary ratings reflect our view of the transaction's available credit support, initial parity, and payment and legal structures, as well as the credit quality of both the outstanding loans and the loans to be originated, among other factors. NEW YORK (S&P Global Ratings) April 25, 2019--S&P Global Ratings today assigned its preliminary 'A (sf)' rating to Vermont Student Assistance Corp.'s $37.25 million education loan tax-exempt fixed-rate revenue bonds senior series 2019A and its preliminary '### (sf)' rating to the $5.15 million subordinate series 2019B bonds. (The senior series 2019A bonds are expected to be issued as serial and term bonds. The actual amounts will be determined...

Ratings Action