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Fitch Affirms Brazos Education Loan Authority, Inc. Indenture 2012-1; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the Brazos Education Loan Authority, Inc. Indenture 2012-1 senior notes at 'AAAsf' and the subordinate notes at 'AAsf'. The Rating Outlook on all notes, which is tied to the sovereign rating of the U.S. government, is Stable. KEY RATING DRIVERS High Collateral Quality: The trust collateral consists of 100% of Federal Family Education Loan Program (FFELP) loans. The credit quality of the trust collateral is high, in Fitch's opinion, based on the g

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