NAVI Navient Corp

Navient announces ABS transaction, continued support for borrowers

Navient announces ABS transaction, continued support for borrowers

WILMINGTON, Del., March 20, 2020 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, announced today the successful completion of its third private education loan issuance of 2020. The collateral backing the $546 million NAVSL 2020-C transaction consists entirely of legacy private education loans that were previously funded through the SLM 2010-A transaction.

Year to date, Navient has issued three private education loan ABS transactions totaling $1.9 billion. In addition, on March 13, Navient refinanced two credit facilities for $472 million, extending their terms for one and two years at lower total financing costs.

In addition, Navient is proactively encouraging customers impacted by coronavirus to get in touch if they need assistance. Customer service is available online and through the phone; approximately half of Navient’s loan servicing team is working remotely now, with hundreds more being deployed outside Navient offices in the coming days and weeks.

Navient is providing additional levels of support to eligible student loan borrowers impacted by the coronavirus through a variety of programs, including the option to postpone payments.

About Navient

Navient (Nasdaq: NAVI) is a leading provider of education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels. We help our clients and millions of Americans achieve success through technology-enabled financing, services, and support. Learn more at Navient.com.

Contact:

Media: Paul Hartwick, 302-283-4026,

Investors: Joe Fisher, 302-283-4075,

Nathan Rutledge, 703-984-6801,

Customers: 888-272-5543

NAVICF

EN
20/03/2020

Underlying

NAVINavient Corp

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Navient Corp

 PRESS RELEASE
Free
NAVI NAVIENT CORP

Navient declares third quarter common stock dividend

Navient declares third quarter common stock dividend HERNDON, Va., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) announced that its board of directors approved a 2025 third quarter dividend of $0.16 per share on the company's common stock. The third quarter 2025 dividend will be paid on Sept. 19, 2025, to shareholders of record at the close of business on Sept. 5, 2025. About NavientNavient (Nasdaq: NAVI) helps students and families confidently manage the cost of higher education. We create long-term value for customers and investors through responsible lending, flexible ...

August 14, 2025 1 EN
 PRESS RELEASE
Free
NAVI NAVIENT CORP

Navient posts second quarter 2025 financial results

Navient posts second quarter 2025 financial results HERNDON, Va., July 30, 2025 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today posted its 2025 second quarter financial results. Complete financial results are available on the company’s website at . The materials will also be available on a Form 8-K on the SEC’s website at . Navient will hold a live audio webcast today, July 30, 2025, at 8 a.m. ET, hosted by David Yowan, president and CEO, and Joe Fisher, CFO. Analysts and investors who wish to ask questions are requested to pre-register at at least 15 minutes ahead of start time t...

July 30, 2025 1 EN
 PRESS RELEASE
Free
NAVI NAVIENT CORP

Navient to announce second quarter 2025 results, host earnings webcast...

Navient to announce second quarter 2025 results, host earnings webcast July 30 HERNDON, Va., July 16, 2025 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) will host an audio webcast to review its second quarter 2025 financial results on Wednesday, July 30, 2025, at 8:00 a.m. Eastern Time. The results are scheduled to be released the same day by 7:00 a.m. on . In addition to being available on the company’s investor website, the results will be filed with the SEC on a Form 8-K available at . The webcast and presentation slides also will be available on . Analysts and investors who wish to ask ...

July 16, 2025 1 EN
 PRESS RELEASE
Free
NAVI NAVIENT CORP

Navient holds 2025 annual shareholder meeting, appoints Edward Bramson...

Navient holds 2025 annual shareholder meeting, appoints Edward Bramson as board chair HERNDON, Va., June 05, 2025 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today held its 2025 Annual Meeting of Shareholders. Shareholders voted in accordance with the recommendations of the company’s board of directors to approve three proposals, including the election of seven nominees to the board. Linda Mills did not stand for reelection at the 2025 annual meeting. Ms. Mills joined the Navient board of directors in 2014 and served as chair since 2019. “Linda’s leadership and service on the board since...

June 5, 2025 1 EN
 PRESS RELEASE
Free
NAVI NAVIENT CORP

Navient declares second quarter common stock dividend

Navient declares second quarter common stock dividend HERNDON, Va., May 08, 2025 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) announced that its board of directors approved a 2025 second quarter dividend of $0.16 per share on the company's common stock. The second quarter 2025 dividend will be paid on June 20, 2025, to shareholders of record at the close of business on June 6, 2025. About NavientNavient (Nasdaq: NAVI) provides technology-enabled education finance solutions that help millions of people achieve success. Learn more at . Contact:Media: Cate Fitzgerald, 317-806-8775, Investo...

May 8, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch