15.11.2016 01:36:00
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Moody's affirms ratings on DRB's 2016-A and 2016-B notes following discovery of discrepancies in initial loan pool balances and an error in the calculation of the over-collateralization target amounts
New York, November 14, 2016 -- Moody's Investors Service has affirmed the ratings of three classes of student loan-backed notes issued out of the DRB Prime Student Loan Trust 2016-A (DRB 2016-A) and the ratings of three classes of student loan-backed notes issued out of the DRB Prime Student Loan Trust 2016-B (DRB 2016-B), sponsored by Darien Rowayton Bank (DRB).