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STUDENT LOAN FUNDING CORP. 1992C BONDS ' AAA', 1992D 'A+' BY FITCH -- FITCH FINANCIAL WIRE --

 STUDENT LOAN FUNDING CORP. 1992C BONDS ' AAA', 1992D 'A+' BY FITCH
 -- FITCH FINANCIAL WIRE --
 NEW YORK, Oct. 14 /PRNewswire/ -- Student Loan Funding Corp.'s $104.5 million Student Loan Revenue Refunding Bonds Series 1992C are rated 'AAA' by Fitch. The issuer's $10.5 million Student Loan Subordinated Revenue Refunding Bonds Series 1992D are rated 'A+'.
 The 'AAA' rating is based on the high quality of the student loans, the subordination of the Series D bonds, and the reserve account. The 'A+' rating is based on the high quality of the student loans and on the reserve account.
 The bonds are backed by loans made to students under the Federal Family Education Loan program. All loans are insured for 100 percent of defaulted principal and interest by several guaranty agencies and reinsured by the U.S. Department of Education.
 The proceeds of the bonds will be used to refund outstanding Series 1988A Student Loan Funding Corp. bonds, to acquire and originate other federal student loans under the same program, and to fund the debt service reserve account.
 -0- 10/14/92
 /CONTACT: David R. Howard of Fitch, 212-908-0677/ CO: Student Loan Funding Corp. ST: IN: FIN SU: RTG


KD -- NY088 -- 0093 10/14/92 17:11 EDT
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Publication:PR Newswire
Date:Oct 14, 1992
Words:206
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