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STUDENT LOAN FUNDING CORP SUB SER 1993 A/B RATED 'A+/A' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, Aug. 5 /PRNewswire/ -- Student Loan Funding Corp.'s (SLFC) $90 million student loan senior subordinated revenue bonds, series 1993 A, are rated `A+' by Fitch. SLFC's $10 million student loan junior subordinated revenue bonds, series 1993 B, are rated `A'. by AFSA Data Corp. and Great Lakes Higher Education Corp.
 The reserve will be funded on the closing date from bond proceeds. If any debt service payments are made with reserve fund moneys, the fund will be replenished from future excess student loan interest.
 Interest will be payable semiannually on Feb. 1 and Aug. 1 until maturity or redemption. The final maturity date of the bonds is Aug. 1, 2010.
 -0- 8/5/93
 /CONTACT: David R. Howard, 212-908-0677, or Carol Pfeiffer, 212-908-0534, both of Fitch/


CO: Student Loan Funding Corporation ST: IN: SU:

MP-SM -- NY050 -- 9814 08/05/93 10:58 EDT
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Publication:PR Newswire
Date:Aug 5, 1993
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