Market Overview

Fitch to Rate Vermont Student Assistance Corporation, 2012-B; Presale Issued

NEW YORK--(BUSINESS WIRE)--

Fitch Ratings expects to rate Vermont Student Assistance Corporation, educational loan revenue notes series 2012-B (VSAC 2012-B) as follows:

--$92,900,000 class A-1 notes 'A'(EXP); Outlook Stable;
--$42,200,000 class A-2 notes 'A'(EXP); Outlook Stable.

Fitch's stress analysis is discussed in the presale titled 'VSAC 2012-B, dated Nov. 9, 2012.

Additional information is available at www.fitchratings.com. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:
--'Global Structured Finance Rating Criteria', June 6, 2012;
--'U.S. Private Student Loan ABS Criteria', Jan. 31, 2012.

Applicable Criteria and Related Research: Vermont Student Assistance Corporation, Series 2012-B (US ABS)
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=694740

Global Structured Finance Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=679923
U.S. Private Student Loan ABS Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=667570

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE WWW.FITCHRATINGS.COM. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Fitch Ratings
Primary Analyst:
Nicole Edwards, +1-212-908-9114
Director
Fitch, Inc.
One State Street Plaza, New York, NY 10004
or
Secondary Analyst:
Jenny Ovalle, +1-212-908-0849
Analyst
or
Committee Chairperson:
Tracy Wan, +1-212-908-9171
Senior Director
or
Media Relations:
Sandro Scenga, +1-212-908-0278
sandro.scenga@fitchratings.com

 

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