Non-profit public corporation Vermont Student Assistance Corp. is planning to sell a $770.5 million deal called Student Loan Asset-Backed Notes, Series 2012-1, a taxable Libor floating rate transaction. The offering is divided into a $755 million class A and a $15.5 million class B.

Expected ratings for the class A are 'AA+ (sf)' from Standard & Poor's and 'AAAsf' for Fitch Ratings. S&P did not rate the class B while Fitch rated it 'Asf'.

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