April 27, 2012 – 9:14 am

Fitch Ratings affirms the ‘AAA’ ratings on the comparison tyro loan records released by Kentucky Higher Education Student Loan Corp. 2010 Trust, Series 2010-1. The Rating Outlook is Negative. The material ancillary the records consists of tyro loans originated beneath the Federal Family Education Loan Program ( FFELP ). A minute list of rating activities follows at the finish of this press release.

Fitch used its ‘Global Structured Finance Rating Criteria ,’ ‘U.S. FFELP Student Loan ABS Rating Criteria’, and ‘Rating U.S. Federal Family Education Loan Program Student Loan ABS’ to examination the ratings.

Fitch affirms the ratings on the comparison records formed on the ample turn of credit enlargement to casing the germane danger reason stresses. The credit enlargement consists of overcollateralization and projected minimum surplus spread. The Negative Outlook on the comparison records is scored equally to the standpoint on the U.S. emperor rating.

The loans are originated and serviced by The Kentucky Higher Education Student Loan Corporation (KHESLC). Although Fitch does not categorically rate KHESLC, it considers their servicing to be satisfactory.

Fitch has taken the subsequent to rating actions:

Kentucky Higher Education Student Loan Corp. 2010 Trust, Series 2010-1:

–Class A-1 endorsed at ‘AAAsf’; Outlook Negative;

–Class A-2 endorsed at ‘AAAsf’; Outlook Negative.

Additional data is existing at www.fitchratings.com . The ratings on top of were solicited by, or on interest of, the issuer, and therefore, Fitch has been compensated is to ability of the ratings.

Applicable Criteria and Related Research:

–’Global Structured Finance Rating Criteria’ (Aug. 4, 2011);

–’Rating U.S. Federal Family Education Loan Program Student Loan ABS’ (April 7, 2011);

–’U.S. FFELP Student Loan ABS Surveillance Criteria’ (May 10, 2011).

Applicable Criteria and Related Research:

Global Structured Finance Rating Criteria

Rating U.S. Federal Family Education Loan Program Student Loan ABS Criteria

U.S. FFELP Student Loan ABS Surveillance Criteria

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: . 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.

More Stories

Website

Pictures

Topics

Latest

Recent Comments