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Fitch Confirms NorthStar Student Loan Trust II Series 2012-A; Outlook Stable

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings confirms the Long- and Short-term ratings of 'AAsf/F1+sf' on the NorthStar Student Loan Trust II, adjustable rate student loan revenue bonds series 2012-A (NorthStar Student Loan Trust II series 2012-A). The Rating Outlook is Stable. The ratings are based on the support provided by a direct-pay letter of credit (LOC) issued by Royal Bank of Canada (rated 'AA/F1+'; Outlook Stable by Fitch) providing full support to the bonds. Royal Bank of Canada is oblig

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