Bond NaviCorp 5.75% ( US78490FLS64 ) in USD

Issuer NaviCorp
Market price refresh price now   93 %  ▲ 
Country  United States
ISIN code  US78490FLS64 ( in USD )
Interest rate 5.75% per year ( payment 2 times a year)
Maturity 15/06/2029



Prospectus brochure of the bond Navient US78490FLS64 en USD 5.75%, maturity 15/06/2029


Minimal amount 1 000 USD
Total amount 2 200 000 USD
Cusip 78490FLS6
Standard & Poor's ( S&P ) rating BB- ( Non-investment grade speculative )
Moody's rating Ba3 ( Non-investment grade speculative )
Next Coupon 15/12/2025 ( In 138 days )
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 article details a specific bond issuance, identified by ISIN US78490FLS64 and CUSIP 78490FLS6, originating from Navient, an American financial services company specializing in education loan management and servicing, which evolved from its origins as Sallie Mae to become one of the largest servicers of both federal and private student loans in the United States, managing a vast portfolio that underscores its significant role within the higher education finance sector; this USD-denominated bond currently trades at 93% of its par value, offers an annual interest rate of 5.75%, features a total issue size of 2,200,000 units, is available for purchase with a minimum acquisition size of 1,000 units, matures on June 15, 2029, and provides semi-annual interest payments, as indicated by a payment frequency of 2; furthermore, its creditworthiness is assessed by leading rating agencies, with Standard & Poor's assigning a BB- rating and Moody's providing a Ba3 rating, both categorizations denoting non-investment grade or 'speculative' quality, thereby reflecting a higher degree of credit risk compared to investment-grade securities.







http://www.sec.gov/Archives/edgar/data/1032033/000104746904012677/a2134237z424b3.htm
424B3 1 a2134237z424b3.htm 424B3
SLM Corporation
Medium Term Notes, Series B

With Maturities of 9 Months or More from Date of Issue
Registration No. 333-90316


Filed Pursuant to Rule 424(b)(3)
Trade Date: 4/19/2004
Pricing Supplement No. 256

Issue Date: 4/22/2004
(To Prospectus dated January 23, 2003 and
Prospectus Supplement dated January 23, 2003)
The date of this Pricing Supplement is 4/19/2004
Subject to






Interest Payment

Redemption


Stated
Interest
Price
Date and
Aggregate
Rate
Maturity
to
Discounts &
First
Survivor's Yes/
Net
OID
CUSIP
Frequency
terms of
Principal

Per

Date Public Commissions
Payment Option No
Proceeds Status
Annum
redemption Amount
(2)(3)
(1)
78490FLS6
5.750%6/15/2029
100%
2.500%
Monthly 05/15/04
No Yes Callable at 2,200,000 2,145,000.00
N
100% on
6/15/2009
and
continuously
thereafter
with 20 days
notice.
Effective April 7, 2003 the name of Salomon Smith Barney Inc., an agent of the program, was changed to Citigroup Global Markets Inc.
(1)
The interest rates on the Ed Notes may be changed by SLM Corporation from time to time, but any such change will not affect the interest
rate on any Ed Notes offered prior to the effective date of the change.
(2)
Expressed as a percentage of aggregate principal amount.
(3)
See "Supplemental Plan of Distribution" in the Prospectus supplement for additional information concerning price to public and
underwriting compensation.
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