Student Loan | Fitch Affirms Senior And Subordinate Notes Of Nelnet ...

2012/03/13 ? 14:30:08

NEW YORK?(BUSINESS WIRE)?

Fitch Ratings affirms the senior notes at ?AAAsf? and the subordinate student loan note at ?BBB-sf? issued by Nelnet Student Loan Trust series 2006-1. The Rating Outlook on the senior notes, which is tied to the sovereign rating of the U.S. government, remains Negative, while the Rating Outlook on the subordinate note remains Stable.

Fitch used its ?Global Structured Finance Rating Criteria?, and ?U.S. FFELP Student Loan ABS Surveillance Criteria?, as well as ?Rating U.S. Federal Family Education Loan Program Student Loan ABS? to review the ratings.

The ratings on the Nelnet Student Loan Trust 2006-1 notes have been affirmed based on sufficient level of credit enhancement, including overcollateralization, and projected minimum excess spread to cover the applicable risk factor stresses.

Fitch has taken the following rating actions:

The Retired Millionaire Exposes Everything! I Made Over $12,000,000 In My Years, All On The Internet. Now I?m passing On My Step-By-Step Guide To $400,000 Your First Year, With No Start Up Cost, No Experience Necessary! Now I am giving a lucky few people the opportunity of a lifetime. A package complete with hundreds of websites you can use, products you can sell for every cent of profit, and step-by-step guides on how to use everything included to make thousands upon thousands your first month. Read More: Visit Publisher Site

Nelnet Student Loan Trust, Series 2006-1:

?Class A-3 affirmed at ?AAAsf?; Outlook Negative;

?Class A-4 affirmed at ?AAAsf?; Outlook Negative;

?Class A-5 affirmed at ?AAAsf?; Outlook Negative;

?Class A-6 affirmed at ?AAAsf?; Outlook Negative;

?Class B affirmed at ?BBB-sf?; Outlook Stable.

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? dated Aug. 4, 2011;

??U.S. FFELP Student Loan ABS Surveillance Criteria? dated May 10, 2011;

??Rating U.S. Federal Family Education Loan Program Student Loan ABS? dated April 7, 2011.

Applicable Criteria and Related Research:

Global Structured Finance Rating Criteria

U.S. FFELP Student Loan ABS Surveillance Criteria

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

Click here to view rest of article from original site

Tags: student loan

Source: http://private-student-loans.biz/student-loans/student-loan-fitch-affirms-senior-and-subordinate-notes-of-nelnet-student-loan-trust-series-2006-1/

kourtney kardashian pregnant again kourtney kardashian pregnant again apple juice apple juice carole king miranda kerr occupy la