Wednesday, May 08, 2024

Quality | 2015.04.10

Fitch Affirms Nelnet Student Loan Trust 2014-3; Revises Sub Notes' Outlook to Positive

NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms Nelnet Student Loan Trust\'s 2014-3 senior notes at \'AAAsf\' and subordinate notes at \'A+sf\'. The Rating Outlook for the senior notes remains Stable, and the Outlook the subordinate notes has been revised to Positive from Stable. The Outlook revision is driven by the trust reaching its target level of credit enhancement, as well as amortization of the bonds. KEY RATING DRIVERS High Collateral Quality: The trust collateral is comprised of 100% of Fe

 

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