Fitch Ratings rates Massachusetts Educational Financing Authority (MEFA) Education Loan Revenue Bonds, Issue J Series 2012 as follows:
--$1,465,000 Series 2012 maturing on 7/1/2018 'Asf', Outlook Stable;
--$6,085,000 Series 2012 maturing on 7/1/2018 'Asf', Outlook Stable;
--$410,000 Series 2012 maturing on 7/1/2019 'Asf', Outlook Stable;
--$13,295,000 Series 2012 maturing on 7/1/2019 'Asf', Outlook Stable;
--$590,000 Series 2012 maturing on 7/1/2020 'Asf', Outlook Stable;
--$14,635,000 Series 2012 maturing on 7/1/2020 'Asf', Outlook Stable;
--$560,000 Series 2012 maturing on 7/1/2021 'Asf', Outlook Stable;
--$15,950,000 Series 2012 maturing on 7/1/2021 'Asf', Outlook Stable;
--$17,650,000 Series 2012 maturing on 7/1/2022 'Asf', Outlook Stable;
--$16,900,000 Series 2012 maturing on 7/1/2023 'Asf', Outlook Stable;
--$18,225,000 Series 2012 maturing on 7/1/2024 'Asf', Outlook Stable;
--$16,575,000 Series 2012 maturing on 7/1/2025 'Asf', Outlook Stable;
--$13,370,000 Series 2012 maturing on 7/1/2026 'Asf', Outlook Stable;
--$2,545,000 Series 2012 maturing on 7/1/2027 'Asf', Outlook Stable;
--$25,730,000 Series 2012 maturing on 7/1/2028 'Asf', Outlook Stable;
--$4,350,000 Series 2012 maturing on 7/1/2030 'Asf', Outlook Stable;
Fitch's stress analysis is discussed in the presale titled 'Educational Massachusetts Educational Financing Authority, Issue J Series 2012', dated May 21, 2012.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research:
--'Global Structured Finance Rating Criteria' (Aug. 4, 2011);
--'U.S. Private Student Loan ABS Criteria' (Jan 31, 2012).
Applicable Criteria and Related Research:
Global Structured Finance Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=679923
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