Vermont Student Assistance Corp. (Series 2019A And 2019B) 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 series 2019A and 2019B bonds. The 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) June 13, 2019--S&P Global Ratings today assigned its rating to Vermont Student Assistance Corp.'s (VSAC's) education loan revenue bonds senior series 2019A and subordinate series 2019B bonds. The bond issuance is an asset-back securities (ABS) transaction backed

...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 series 2019A and 2019B bonds. + The 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) June 13, 2019--S&P Global Ratings today assigned its rating to Vermont Student Assistance Corp.'s (VSAC's) education loan revenue bonds senior series 2019A and subordinate series 2019B bonds. The bond issuance is an asset-back securities (ABS) 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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