DBRS Confirms Ratings on Goal Capital Funding Trust 2007-1
Student LoansDBRS, Inc. (DBRS) has confirmed the ratings on the Goal Capital Funding Trust 2007-1 transaction as follows:
-- Class A-1 FRN previously rated AAA (sf) now rated Discontinued--Repaid
-- Class A-2 FRN confirmed at AAA (sf)
-- Class A-3 FRN confirmed at AAA (sf)
-- Class A-4 FRN confirmed at AAA (sf)
-- Class A-5 FRN confirmed at AAA (sf)
-- Class B-1 ARN confirmed at AA (high) (sf)
-- Class C-1 FRN confirmed at ‘A’ (low) (sf)
The confirmations takes into consideration the amendments that transfer the administration of the transaction to Goal Structured Solutions, Inc., install U.S. Bank as Indenture Trustee and delete the requirement for a Verification Agent.
Notes:
The applicable methodology is 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.
Ratings
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