Navient Corporation Completes $536 Million Securitization of Earnest Private Student Loans
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Navient Corporation has successfully closed its inaugural $536 million Navient Education Loan Trust (NAVEL) 2025-A, backed by Earnest-branded student loans. This transaction includes four classes of notes with varying sizes, weighted average lives, ratings, and coupon rates. Barclays served as the sole structuring agent and lead bookrunner, with other co-leads involved. The notes were offered under an exemption to registration for qualified institutional buyers.
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