New York, May 29, 2013 -- Moody's Investors Service, at the request of the Maine Educational Loan Authority (MELA), has reviewed the sixth supplemental loan indenture for the MELA Student Loan Revenue Bonds (Supplemental Education Loan Program) Class A Series 2009 A-1, Class A Series 2009 A-2, Class A Series 2009 A-3, Class A Series 2010 A-1, and Class A Series 2012-A-1 related to the extension of the recycling period from September 1, 2013 to July 30, 2014; the adjustment of the administrative spread provisions for one year; and an update of the consolidation loan terms. These actions, in and of themselves and as of this time, will not have an adverse effect on the credit quality of the bonds, currently rated A2 with a negative outlook, and therefore will not result in a reduction or withdrawal of Moody's ratings. Moody's does not express an opinion as to whether the provisions in the sixth supplemental loan indenture could have other, non credit-related effects.

Vollständigen Artikel bei Moodys lesen