Credit Rating Report

MPOWER Education Trust 2024-A: Rating Report

Student Loans

Summary

DBRS, Inc. (Morningstar DBRS) finalized its provisional credit ratings on the notes issued by MPOWER Education Trust 2024-A (MPOWER 2024-A) as listed. MPOWER 2024-A represents the first rated securitization collateralized by loans made through the online platform operated by MPOWER Financing, Public Benefit Corporation.

Available Documents

Ratings

MPOWER Education Trust 2024-A
  • Date Issued:May 17, 2024
  • Rating Action:Provis.-Final
  • Ratings:A (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:May 17, 2024
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:May 17, 2024
  • Rating Action:Provis.-Final
  • Ratings:BB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • 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

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