Press Release

DBRS Finalizes Ratings on SoFi Professional Loan Program 2014-A LLC

Student Loans
July 15, 2014

DBRS has finalized its provisional ratings on the following classes of notes issued by SoFi Professional Loan Program 2014-A LLC (the Notes).

-- $125,500,000 Class A-1 Notes rated A (sf)
-- $125,500,000 Class A-2 Notes rated A (sf)

The Class A-1 Notes and Class A-2 Notes have been issued in an aggregate amount of $251,000,000. The Notes are secured by a portfolio of private credit student loans originated by SoFi Lending Corp.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is Rating U.S. Private Student Loan Securitizations, which can be found on our website under Methodologies.

DBRS's rating definitions and the terms of use of such ratings are available at www.dbrs.com.

The full report providing additional analytical detail is available by clicking on the link below or by contacting us at info@dbrs.com.

The Rule 17g-7 Report of Representations and Warranties is hereby incorporated by reference and can be found by clicking on the link below or by contacting us at info@dbrs.com.

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

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.