Bond NaviCorp 0% ( US78442FCH91 ) in USD
Issuer | NaviCorp | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 0% | ||
Maturity | 03/05/2019 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 40 000 000 USD | ||
Cusip | 78442FCH9 | ||
Standard & Poor's ( S&P ) rating | N/A | ||
Moody's rating | N/A | ||
Detailed description |
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. |