Navient to bid 1.50% LIBOR on future auctions for SLM Student Loan Trust notes.
ByAinvest
Friday, Nov 21, 2025 11:34 pm ET1min read
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• SLM Student Loan Trust 2006-7 issues $180m in Auction Rate Class A-6B and A-6C Notes. • Navient Funding, LLC is the Depositor. • Buy rates for future auctions set at LIBOR + 1.50%. • Affiliated company to submit bids for all outstanding notes. • Previous auctions had varying success.
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