Sallie Mae’s proposal to split itself into two publicly traded separate entities -- an education loan management and a consumer banking company -- would be neutral to mildly positive for the company’s ABS.

Standard & Poor’s said in a note today that it did not expect any credit impact on student loan ABS from the announced split. Barclays analysts said in a research note on Wednesday that the split could even be somewhat positive for Sallie Mae deals.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.