87 Ratings Lowered, 50 Affirmed On 29 SLM ABS Deals Backed By FFELP Loans; Revised Criteria, U.S. Downgrade Cited Feb 12
- Language: English
- Published: February 2012
- Region: United States
OVERVIEW SLM Student Loan Trust 2011-2's note issuance is a pool of consolidation student loans originated under the Federal Family Education Loan Program (the loans are at least 97% federally reinsured). We assigned our ratings to the class A and B notes. The ratings reflect our view of the transaction's total and senior parities, U.S. federal government reinsurance of 97% of the pool's principal and interest, and timely interest and principal payments, as well as our stress scenarios, among other factors. NEW YORK (Standard & Poor's) May 26, 2011--Standard & Poor's Ratings Services today assigned its ratings to SLM Student Loan Trust 2011-2's $821 million class A and B student loan-backed notes (see list). The ratings reflect our assessment of:...
Companies mentioned in this report are: SLM Student Loan Trust 2011-2
Action: New Rating
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Research type: News
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