Rhode Island Student Loan Authority sells latest SLABS deal
A tax exempt student loan ABS deal issued by the Rhode Island Student Loan Authority was priced on Friday, with a large real money account said to be a major investor in the transaction.
The $50.255m single tranche deal was priced to yield 3.766%, with Bank of America Merrill Lynch as the sole lead. The transaction was backed by fixed-rate private loans from the Risla program made to current students.A source familiar with the deal said that Vanguard was one of ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org