secwatch.observer — SEC 8-K summary
======================================

Issuer:     NAVIENT CORP (NAVI)
CIK:        0001593538
Form:       8-K
Filed at:   2025-05-19T23:59:59+00:00
Accession:  0001193125-25-122503
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Navient issues $500M of 7.875% Senior Notes due 2032
----------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1593538/000119312525122503/0001193125-25-122503-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1593538/000119312525122503/d62205d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-122503

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer