Moody's: No negative ratings impact on L2L Education Loan Trust 2006-1 Notes following the replacement of Fiserv Solutions, Inc. as sub servicer with Nelnet Servicing, LLC
New York, February 21, 2017-- Moody's Investors Service, has determined that the replacement of Fiserv Solutions, Inc. as a sub servicer with Nelnet Servicing, LLC, would not, in and of itself and at this time, result in a downgrade or withdrawal of the current ratings of the notes issued by the L2L Education Loan Trust 2006-1 trust. EduCap Inc.will continue to be the Master Servicer for this deal. Moody's opinion addresses only the credit impact of the proposed amendments and Moody's is...
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