debt
confidence high
sentiment neutral
materiality 0.60
Navient issues $500M of 7.875% Senior Notes due 2032
NAVIENT CORP
- Issued $500M aggregate principal of 7.875% Senior Notes due 2032 on May 19, 2025.
- Underwriting agreement with RBC, Barclays, BofA, and J.P. Morgan as representatives.
- Notes issued under base indenture plus sixteenth supplemental indenture with BNY Mellon trustee.
- Offering made under shelf registration statement on Form S-3 filed May 2, 2025.