Fitch Ratings affirms the class A private student loan asset-backed notes issued by SLC Private Student Loan Trust 2010-A at 'AAAsf'. The Rating Outlook is Stable.
The rating affirmation and Stable Outlook are based on Fitch's belief that original assumptions remain appropriate considering the transaction's early stage. Furthermore, parity has steadily increased from 169.50% to 176.72% as of Jan. 2011.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research:
--'Global Structured Finance Rating Criteria', dated Aug. 13, 2010;
--'U.S. Private Student Loan ABS Criteria', dated Aug. 24, 2009.
Applicable Criteria and Related Research:
Global Structured Finance Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=547326
U.S. Private Student Loan ABS Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=463174
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