Fitch rates Panhandle-Plains Higher Education Authority, Inc., series 2010-2 student loan revenue bonds as follows:
--$218,970,000 series 2010-2 taxable LIBOR floating rate bonds 'AAA/LS1', Outlook Stable.
Fitch's stress analysis is discussed in the presale titled 'Panhandle-Plains Higher Education Authority, Inc., Series 2010-2', dated Nov. 4, 2010.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research:
--'Global Structured Finance Rating Criteria', Aug. 16, 2010;
--'Rating U.S. Federal Family Education Loan Program Student Loan ABS Criteria', April 11, 2008.
Applicable Criteria and Related Research:
Global Structured Finance Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=547326
Rating US Federal Family Education Loan Program Student Loan ABS Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=382306
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