DBRS Confirms Rating on Illinois Student Assistance Commission, Series 2009

DBRS, Inc. (DBRS) has today confirmed the AA (sf) rating on the Series 2009 notes issued by Illinois Student Assistance Commission. The confirmation is based on the credit quality of Assured Guaranty Corp., which guarantees the scheduled payment of principal and interest on the Bonds when due under a financial guaranty insurance policy and the support provided by the State of Illinois (the “State”), which constitutes a general obligation of the State, in which and the full, faith, credit and resources of the State are irrevocably pledged for the punctual payment of the principal of and interest on the Bonds, when due..

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

This rating is endorsed by DBRS Ratings Limited for use in the European Union.