What changed
An affiliate of Navient Funding, LLC holds all $27,750,000 of the Class A-6B Notes and $27,700,000 of the $27,750,000 Class A-6C Notes. For the October 14, 2026 Class A-6B auction, the affiliate plans a Hold Order on the notes it holds. For the October 16, 2026 Class A-6C auction, it intends to submit buy bids for all outstanding Class A-6C Notes it does not hold at SOFR + 1.50% per annum, and a Hold Order on the notes it holds.
Why it matters
An affiliate of Navient Funding, LLC holds all $27,750,000 of the Class A-6B Notes and $27,700,000 of the $27,750,000 Class A-6C Notes. For the October 14, 2026 Class A-6B auction, the affiliate plans
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Oct 13, 2026 09:59 AM ET