NEW YORK--(BUSINESS WIRE)--Fitch Ratings currently maintains ratings on student loan bonds issued by Goal Capital Funding Trust 2006-1 (full list detailed below). Goal has requested that Fitch confirm its existing ratings in connection with the proposed amendments to the Schedule to the ISDA Master Agreement dated as of May 25, 2006 and the Credit Support Annex Elections and Variables dated as of May 25, 2006 between Goal Capital Funding Trust 2006-1 and Barclays Bank plc. Consistent with its statements on policies regarding rating confirmations in structured finance transactions (Jan. 13, 2009) and student loan transactions (May 8, 2009), Fitch is treating this request as a notification.
Based on the information provided, Fitch has determined that the proposed amendments will not have a material impact on the existing ratings. This determination only addresses the effect of the amendments on the current ratings assigned by Fitch to the securities listed below. This determination does not address whether this change is permitted by the terms of the documents, nor does it address whether this change is in the best interests of, or prejudicial to, some or all of the holders of the securities listed.
Fitch's ratings on the above-mentioned trust remain unchanged and are listed below as follows:
Goal Capital Funding Trust series 2006-1:
--Class A-3 notes 'AAAsf'; Outlook Stable;
--Class A-4 notes 'AAAsf'; Outlook Stable;
--Class A-5 notes 'AAAsf'; Outlook Stable;
--Class A-6 notes 'AAAsf'; Outlook Stable;
--Class B notes 'A+sf'; Outlook Stable.
Additional information is available at www.fitchratings.com.