NEW YORK–(BUSINESS WIRE)–Fitch Ratings has downgraded Higher Education Loan Authority of the State of Missouri Series 2012-1 notes to ‘Asf’ from ‘AAAsf’; removed from Rating Watch Negative and assigned Outlook Stable. The notes pay in full before their maturity in scenarios up to the ‘BBBsf’ maturity stresses. Because their maturity date of January 2026 is greater than seven years away, and the notes are currently rated ‘AAAsf’, they are eligible for the downgrade tolerance of one rating cate
