NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to one class of notes issued by Brazos Education Loan Authority, Inc. Federal Student Loan Backed Notes, 2018-1, (“BELA 2018-1”). This is a $63.8 million term ABS securitization. The collateral securing the notes consists of Federal Family Education Loan Program (“FFELP”) student loans. The majority of the proceeds from the sale of the Notes will be used to refinance all the outstanding notes previously issue
