NEW YORK--(BUSINESS WIRE)-- Fitch Ratings expects to rate SLM Student Loan Trust 2012-1, student loan-backed notes as follows:
--$170,000,000 floating rate class A-1 notes 'AAAsf (EXP)'; Outlook Negative;
--$225,000,000 floating rate class A-2 notes 'AAAsf (EXP)'; Outlook Negative;
--$346,500,000 floating rate class A-3 notes 'AAAsf (EXP)'; Outlook Negative;
--$23,140,000 fixed rate class B notes 'Asf (EXP)'; Outlook Stable.
Fitch's stress analysis is discussed in the presale titled 'SLM Student Loan Trust 2012-1', dated Jan. 4, 2012.
Additional information is available at www.fitchratings.com . The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.
Applicable Criteria and Related Research:
--'Global Structured Finance Rating Criteria' (Aug. 4, 2011);
--'Rating U.S. Federal Family Education Loan Program Student Loan ABS Criteria' (April 7, 2011).
Applicable Criteria and Related Research: SLM Student Loan Trust 2012-1 (US ABS)
Global Structured Finance Rating Criteria
Rating U.S. Federal Family Education Loan Program Student Loan ABS Criteria
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