Navient is a U.S.-based company that provides student loan management and servicing, primarily for federal student loans, and offers related financial services.
This financial analysis details a specific Navient bond, identified by ISIN US78442FAE88 and CUSIP 78442FAE8, an instrument issued in the United States by Navient, a major American corporation specializing in education finance and student loan servicing that originated from Sallie Mae. The bond, denominated in USD, carried a 5.05% interest rate with semi-annual payment frequency, was part of a $500,000,000 total issuance, and had a minimum purchase size of $1,000. Significantly, this bond reached its maturity on November 14, 2014, and was repaid at 100% of its market price, confirming its full redemption, with both Standard & Poor's (S&P) and Moody's having assigned a 'NR' (Not Rated) designation to this particular security.
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