NEW YORK--(BUSINESS WIRE)--Fitch Ratings expects to rate State of North Carolina State Education Assistance Authority Series 2011-1(NCSEAA Series 2011-1) as follows:
--$98,000,000 class A-1 student loan asset-backed notes 'AAA';
--$127,000,000 class A-2 student loan asset-backed notes 'AAA';
--$220,000,000 class A-3 student loan asset-backed notes 'AAA'.
Fitch's stress analysis is discussed in the presale titled NCSEAA Series 2011-1 dated Feb. 24, 2011.
The presale report is available to all investors on Fitch's web site at 'www.fitchratings.com'. For more information about Fitch's comprehensive subscription service FitchResearch, which includes all presale reports, surveillance, and credit reports on more than 20 asset classes, contact product sales at +1-212-908-0800 or at 'webmaster@fitchratings.com'.
Additional information is available at 'www.fitchratings.com'
Applicable Criteria and Related Research:
--'Global Structured Finance Rating Criteria', Aug. 13, 2010;
--'Rating U.S. Federal Family Education Loan Program Student Loan ABS Criteria', dated April 11, 2008.
Applicable Criteria and Related Research: State of North Carolina State Education Assistance Authority, Series 2011-1 (US ABS)
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=606585
Global Structured Finance Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=547326
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