18.09.2014 23:29:00
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Moody's: No rating impact on bonds issued under the PHEAA (1997 indenture) as a result of sale and release of loans
New York, September 18, 2014 -- Moody's announced today that the sale and release of approximately $150 million loans from the Pennsylvania Higher Education Assistance Agency ("PHEAA") (1997 Indenture) would not, in and of itself and as of this time, result in the downgrade or withdrawal of the outstanding ratings assigned to bonds issued from the PHEAA (1997 Indenture).