---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-207711"
form_type: "8-K"
ticker: "SLM"
cik: "0001032033"
company_name: "SLM Corp"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:26:50.892808+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SLM Corp launches tender offer for $500M 3.125% senior notes due 2026

## Summary
- Tender offer for any and all $500M 3.125% senior notes due Nov 2, 2026, expiring May 12, 2026.
- Purchase price based on 25 bps fixed spread over 4.125% U.S. Treasury due Oct 31, 2026.
- Tender is conditioned on completion of a contemporaneous new senior notes offering; proceeds to repurchase notes.
- Settlement expected May 15, 2026; J.P. Morgan is dealer manager.

## SEC filing metadata
- accession: 0001193125-26-207711
- form_type: 8-K
- ticker: SLM
- cik: 0001032033
- company_name: SLM Corp
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1032033/000119312526207711/0001193125-26-207711-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1032033/000119312526207711/d29837d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-207711
- JSON: https://secwatch.observer/filing/0001193125-26-207711.json
- Plain text: https://secwatch.observer/filing/0001193125-26-207711.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.