Bond NaviCorp 6% ( US78490FNN59 ) in USD
Issuer | NaviCorp | ||
Market price | ![]() |
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ISIN code |
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Interest rate | 6% per year ( payment 2 times a year) | ||
Maturity | 15/09/2029 | ||
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Minimal amount | 1 000 USD | ||
Total amount | 3 031 000 USD | ||
Cusip | 78490FNN5 | ||
Standard & Poor's ( S&P ) rating | B+ ( Highly speculative ) | ||
Moody's rating | Ba3 ( Non-investment grade speculative ) | ||
Next Coupon | 15/09/2025 ( In 47 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. Navient, a prominent American company specializing in education finance and student loan management, has an outstanding fixed-income offering identified by ISIN US78490FNN59 and CUSIP 78490FNN5. This USD-denominated obligation, issued in the United States, currently trades at 100% of its par value, reflecting its present market price. The bond carries an annual interest rate of 6%, with payments distributed semi-annually to bondholders, leading up to its maturity date of September 15, 2029. The total size of this particular bond issuance stands at $3,031,000, with a minimum investment threshold set at $1,000 per purchase. Assessing its credit risk, the bond has been rated B+ by Standard & Poor's (S&P) and Ba3 by Moody's, placing it within the speculative-grade category according to both major rating agencies. |