Navient Corporation has successfully entered into a significant financing agreement through the completion of a public offering, securing $500 million in aggregate principal from its 7.875% Senior Notes due 2032. The transaction, finalized on May 19, 2025, was facilitated under Navient's shelf registration with the SEC. Key underwriters for this offering included RBC Capital Markets, LLC, Barclays Capital Inc., BofA Securities, Inc., and J.P. Morgan Securities LLC. This agreement, detailed in an Underwriting Agreement and governed by a Base Indenture initially set in 2014 and amended by a Sixteenth Supplemental Indenture, underscores Navient's strategic financial positioning and commitment to its stakeholders.
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