Navient offering senior notes due 2031; size and interest rate to be determined at pricing

Filed May 26, 2026 · ~2 min read

Key Changes

• high

  Navient is offering senior notes due 2031 with principal amount and interest rate not yet finalized. The notes will rank equally with approximately $5.3 billion of existing unsecured senior debt as of March 31, 2026.

  The Offering verify on EDGAR →
• low

  Net proceeds will be used for general corporate purposes, including financing operations and debt repurchases, giving management broad discretion over capital deployment.

  Use of Proceeds verify on EDGAR →
• high

  The notes are issued by the holding company and structurally subordinated to all debt and liabilities of operating subsidiaries. In a liquidation, subsidiary creditors would be paid before noteholders.

  Risk Factors verify on EDGAR →