{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-136014","form_type":"8-K","ticker":"NAVI","cik":"0001593538","company_name":"NAVIENT CORP","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.575748+00:00","generated_at":"2026-06-15T22:01:09.793972+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Navient completes $500M offering of 9.375% Senior Notes due 2030","bullets":["Issued $500M aggregate principal of 9.375% Senior Notes due 2030 on May 4, 2023.","Underwriting agreement signed May 1, 2023 with RBC, Barclays, BofA, and J.P. Morgan.","Notes issued under July 2014 base indenture as supplemented by fourteenth supplemental indenture.","Offering made under existing shelf registration statement (Form S-3, filed April 20, 2023)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-136014","json":"https://secwatch.observer/filing/0001193125-23-136014.json","markdown":"https://secwatch.observer/filing/0001193125-23-136014.md","text":"https://secwatch.observer/filing/0001193125-23-136014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1593538/000119312523136014/0001193125-23-136014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1593538/000119312523136014/d360018d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T22:01:09.793972+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a8f5c00009e58b2701e6ecb2d5184f71d060ba6c","claim":"NAVIENT CORP incurred senior notes of $500,000,000 with The Bank of New York Mellon at 9.375% maturing 2030.","evidence_excerpt":"On May 4, 2023, Navient Corporation (the “ Company ”) completed a public offering of $500,000,000 aggregate principal amount of its 9.375% Senior Notes due 2030 (the “ Notes ”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1593538/000119312523136014/0001193125-23-136014-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$500,000,000"},{"label":"Counterparty","value":"The Bank of New York Mellon"},{"label":"Rate","value":"9.375%"},{"label":"Maturity","value":"2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"84aba6429f46a866a29e3dd3270061e0779da3de","claim":"NAVIENT CORP entered into Underwriting Agreement with RBC Capital Markets, LLC, Barclays Capital Inc., BofA Securities, Inc. and J.P. Morgan Securities LLC valued at $500,000,000 (effective 2023-05-01).","evidence_excerpt":"On May 4, 2023, Navient Corporation (the “ Company ”) completed a public offering of $500,000,000 aggregate principal amount of its 9.375% Senior Notes due 2030 (the “ Notes ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1593538/000119312523136014/0001193125-23-136014-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"RBC Capital Markets, LLC, Barclays Capital Inc., BofA Securities, Inc. and J.P. Morgan Securities LLC"},{"label":"Value","value":"$500,000,000"},{"label":"Effective","value":"2023-05-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}