NEW YORK -- Fitch Ratings assigns short-term ratings to the following notes issued from New Mexico Educational Assistance Foundation (NMEAF) 1998 indenture upon their conversion from auction rate to weekly variable rate, as follows: --$43,450,000 weekly rate bonds, senior series 2004A-1 'F1+'; --$39,800,000 weekly rate bonds, senior series 2004A-2 'F1+'; --$26,500,000 weekly rate bonds, senior series 2004A-3 'F1+'.
NEW YORK -- Fitch Ratings assigns a short-term rating to the following notes issued by the New Mexico Educational Assistance Foundation (NMEAF) 1998 indenture upon their conversion from auction rate to weekly variable rate, as follows: -- $20,300,000 weekly rate bonds, senior series 2001A-1 'F1+'; -- $19,500,000 weekly rate bonds, senior series 2002A-2 'F1+'; -- $15,250,000 weekly rate bonds, senior series 2003A-1 'F1+'; -- $54,750,000 weekly rate bonds, senior series 2003A-2 'F1+'.
NEW YORK -- Fitch rates series 2009 notes issued from New Mexico Educational Assistance Foundation 1998 indenture, as follows: --$42,500,000 weekly rate bonds, senior series 2009A 'AAA/F1+'; --$190,595,000 fixed rate bonds, senior series 2009B 'AAA'; --$59,075,000 fixed rate bonds senior series 2009C 'AAA'.
3, 2008 by removing from Rating Watch Negative certain transactions issued by New Mexico Educational Assistance Foundation - 1998 Trust Indenture (NM) and Pennsylvania Higher Education Assistance Agency (PHEAA) - 1997 Trust Indenture (PA), which were inadvertently placed on rating Watch Negative.
NEW YORK -- Fitch Ratings affirms the following student loan program bonds issued by New Mexico Educational Assistance Foundation: New Mexico Educational Assistance Foundation - 1995 Trust Indenture (NM), 1995 --Class A-1 at 'AAA'.
NEW YORK -- Fitch rates the following education loan revenue bonds issued by New Mexico Educational Assistance Foundation (NMEAF): Ratings for new issuance: --$113,430,000 senior series 2007A-1 'AAA'; --$62,000,000 senior series 2007A-2 'AAA'.
Additionally, Fitch upgrades the following classes in the FFELP master trusts: New Mexico Educational Assistance Foundation - 1995 Trust Indenture (NM), 1996 --Class A-2 11/1/08 to 'AAA' from 'A'; --Class A-2 11/1/09 to 'AAA' from 'A'; --Class A-2 11/1/25 to 'AAA' from 'A'.
