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 instrument, identified by ISIN US78442FCH91 and CUSIP 78442FCH9, was a bond issued by Navient, a prominent U.S. corporation specializing in the servicing and collection of student loans, originating from the United States, denominated in USD, representing a total issue size of $40,000,000 with a minimum purchase increment of $1,000, and notably structured as a zero-coupon bond carrying a 0% interest rate, meaning it provided no periodic interest payments despite a stated payment frequency of two, and has since reached its maturity date of May 3, 2019, at which point it was fully redeemed at its 100% market price.
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