Fitch Ratings affirms the 'AAA' rating and removes from Rating Watch Negative one class of senior student loan asset-backed notes issued by Missouri Higher Education Loan Authority (MOHELA) under the 11th General Resolution.
The rating is affirmed because it was determined that the bond benefits from credit enhancement in the form of subordination. The collateral performance was reviewed on Feb. 4, 2009 when the rating was affirmed and no new information has been provided since.
The following bond is affirmed and removed from Watch Negative:
--Senior series 1998 class U 2/15/10
Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, 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.
Contacts:
Fitch Ratings, New York
Aoto Kenmochi, 212-908-0867
Stefanie
Leung, 212-908-0826
or
Media Relations:
Sandro Scenga,
212-908-0278
Email: sandro.scenga@fitchratings.com