Bond Navient 6% ( US78490FNN59 ) in USD

Issuer Navient
Market price refresh price now   100.00 %  ▲ 
Country  United States
ISIN code  US78490FNN59 ( in USD )
Interest rate 6% per year ( payment 2 times a year)
Maturity 15/09/2029



Prospectus brochure of the bond Navient US78490FNN59 en USD 6%, maturity 15/09/2029


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 15/09/2026 ( In 22 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.
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