Darien Rowayton Bank is preparing to issue $307.5 million of notes backed by private loans used to refinance student debt.

DBRS expects to assign triple-A ratings to the senior tranches of notes to be issued by DRB 2017. The floating rate Class A-1 notes will be primarily secured by a group of floating rate refinancing Loans. The fixed rate Class A-2A notes and Class A-2B notes (together, the Class A-2 Notes) will be primarily secured by a group of fixed rate refinancing Loans.

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