Brazos Higher Education Authority (BHEA Series 2011-1) is offering a $1.5 billion student loans ABS.
The transaction offers three classes of 'AAA' notes rated by Fitch Ratings. The transaction is being led by Citigroup Global Markets.
The majority of the proceeds are expected to be used to refund certain outstanding auction-rate notes of three existing indentures (BHEA 1993AC, Brazos Student Finance Corp., Series 2003-2, and Educational Funding Services Inc., 2003 indenture).
For more information on the transaction, please click on the link below from the ASR Scorecards database.
