Press Release

DBRS Discontinues Ratings on Brazos Higher Education Authority, Inc., 1993AC Trust Securitization Due to the Repayment of the Noteholders

Student Loans
June 15, 2011

DBRS today discontinued its ratings on the Brazos Higher Education Authority, Inc., 1993AC Trust securities. Noteholders of the following classes have been fully repaid:

-- Series 1994, Class A-1 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 1997, Class A-1 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 1998, Class A-2 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 1998, Class A-3 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 1998, Class A-4 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2000, Class B-1 previously rated A (sf) are now rated Disc- Repaid

-- Series 2000, Class C-1 previously rated A (sf) are now rated Disc- Repaid

-- Series 2001, Class A-7 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2001, Class C-1 previously rated A (sf) are now rated Disc- Repaid

-- Series 2002, Class A-4 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2002, Class A-8 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2002, Class A-10 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2002, Class A-11 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2002, Class A-12 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2002, Class C-1 previously rated A (sf) are now rated Disc- Repaid

-- Series 2002, Class C-2 previously rated A (sf) are now rated Disc- Repaid

-- Series 2004, Class A-6 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2004, Class A-7 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2004, Class A-8 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2004, Class A-9 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2004, Class A-11 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2004, Class A-12 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2004, Class A-13 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2004, Class A-14 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2004, Class C-1 previously rated A (sf) are now rated Disc- Repaid

-- Series 2006, Class A-1 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2006, Class A-2 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2006, Class A-7 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2006, Class A-8 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2006, Class A-9 previously rated AAA (sf) are now rated Disc- Repaid

-- Series 2006, Class A-10 previously rated AAA (sf) are now rated Disc- Repaid

Notes:
The applicable methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.