{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-270434","form_type":"8-K","ticker":"NAVI","cik":"0001593538","company_name":"NAVIENT CORP","filed_at":"2023-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.691441+00:00","generated_at":"2026-06-08T22:25:37.059984+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Navient closes $500M offering of 11.500% Senior Notes due 2031","bullets":["Issued $500M aggregate principal of 11.500% Senior Notes maturing 2031.","Underwriters: BofA Securities, Barclays, J.P. Morgan, RBC Capital Markets.","Notes issued under supplemental indenture dated Nov 3, 2023 with Bank of New York Mellon as trustee.","Offering made under existing shelf registration statement (333-271354)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-270434","json":"https://secwatch.observer/filing/0001193125-23-270434.json","markdown":"https://secwatch.observer/filing/0001193125-23-270434.md","text":"https://secwatch.observer/filing/0001193125-23-270434.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1593538/000119312523270434/0001193125-23-270434-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1593538/000119312523270434/d582624d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T22:25:37.059984+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":"58c7ef9c56bf90fab92868d2bcf8500c122bef93","claim":"NAVIENT CORP entered into Underwriting Agreement with BofA Securities, Inc., Barclays Capital Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC valued at $500,000,000 aggregate principal amount of 11.500% Senior Notes due 2031 (effective 2023-10-31).","evidence_excerpt":"On November 3, 2023, Navient Corporation (the “ Company ”) completed a public offering of $500,000,000 aggregate principal amount of its 11.500% Senior Notes due 2031 (the “ Notes ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1593538/000119312523270434/0001193125-23-270434-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"BofA Securities, Inc., Barclays Capital Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC"},{"label":"Value","value":"$500,000,000 aggregate principal amount of 11.500% Senior Notes due 2031"},{"label":"Effective","value":"2023-10-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}