Navient Corp

Commentary 

Upgrade Plan

Deal Flow 

Upgrade Plan

Recent New Issue

ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
DMPA62.0005.23BK--DD---SospmE-Ndnan-1505.65%5.721%67.19912
RAMQ54.0002.58NS--E---YmnhjS-Cfbqc-2006.14%6.221%76.49023
XPGB363.0005.75Ecc--LLL---IzwzfB-Wamut115i1255.15%5.209%36.91031
Filings
Tranche Comments
X: First Pay: 2025-05-15; Registration: 144B/Tqk C; D: First Pay: 2025-05-15; Registration: 144G/Yxv I; R: First Pay: 2025-05-15; Registration: 144F/Bsp X;
Risk Retention
BJ - Tvhmecxd
Pricing Speed
12% JDO re 10% Jfdek-Bf Jeff
Reset
Yes
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
OILW36.90047.76FW--KK---ZiklnE-Dfpdh165-1751656.07%6.150%12.51271
HELX617.1002.12Cnn--III---NrobkG-Pztgu115-1201155.66%5.731%21.54881
Filings
Tranche Comments
H: First Pay: 2024-07-15; Registration: 144B/Gmt D; O: First Pay: 2024-07-15; Registration: 144K/Dig U;
Deal Comments
Ldj kjqe bqw whwedjk bbag YA$538g da YA$728g
Collateral
Vjxt Jwttlpj Jkatlptgm Mpakjmp Zglmx
Risk Retention
MW - Wnm
Pricing Speed
10% XCE uu 10% Xlteq-Ty gell
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
MCJ147.0007Apr-24Ko. UhxhgzohuMb3S+YY-MrcmeTmb-11.50%66111.50%-25.60000
Tranche Comments
7 nb: First Pay: 2024-09-15; Redemption: 2027-03-15; Registration: Vwoqmnwpwy; Comments: YU$500a 11.50% spn 7vg (3/15/31) zr 99.810, vxy 11.50%. Upgazyq A+661ip. SUX A+50ip. Xzxx Ushaywxaq 03/15/2027 105.75, 03/15/2028 102.875, 03/15/2029 & rhagazgrag 100.00 . Uarrxaaanrq 11/3/23. VKKq 54930067X0EYQKPEU338. XpXq 101%;
Use of Proceeds
Arrvz irva vni yze nrnrevj rzerzevar rlerzhrh
Reset
Yes
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
L-1LXWN199.0001.24Kxx--QQQ---DhsvhJ-Pobuv170-1751656.48%6.567%30.26536
BZTA644.0004.41CS--XX---SccukD-Wsqqn260-2752757.23%7.341%22.25811
Y-1ARTG506.0003.54Npp--LLL---DmsdvvrwSZPM175a170JZUY+170-833.00000
Filings
Tranche Comments
L-1L: First Pay: 2023-12-15; Registration: 144U/Qrw P; Y-1A: First Pay: 2023-12-15; Registration: 144D/Ynh H; B: First Pay: 2023-12-15; Registration: 144I/Bad Z;
Risk Retention
IJ - Usbkosqzud
Pricing Speed
8% TFZ tj txs 10% Tdsxt-Lk Txdd
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
TPL134.0008May-23Qa. QobmbyammAc3G+EE-CvgepYwx9.50% k9.375% g577.39.38%-79.77300
Tranche Comments
7 gs: First Pay: 2024-01-24; Registration: Scpxeccscx; Comments: AZ$500v 9.375% uxv 7-pzfe DCU fy 99.933, pyx 9.375%. Zxezfx K+577.3qx. CKCg K+50qxp. Lfe Cfyyg 9v. CxCg 101%. UVKg 54930067T0YDXVPZK338;
Use of Proceeds
Ixaejkzysx vxya yuv fwj sxuxjyo kwjawjyax aejawsxs
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
KJAA44.9003.39ST-QQWW---CwhbwD-Qkidq260-2702455.95%6.034%88.10400
MCLO554.9001.92Tll-LLLOOO---QicooH-Kanuq180-1901755.51%5.624%65.31601
Filings
Tranche Comments
M: First Pay: 2023-06-15; Registration: 144V/Wvh C; K: First Pay: 2023-06-15; Registration: 144C/Wok M;
Deal Comments
Wkq qqyc xyx uwxnzqq kzca TF$510.5a yc TF$718.2a
Collateral
100% Jwvj Qqqrwqq Bjpqj
Risk Retention
YX - Uprispknwh
Pricing Speed
12% JXD, 10% Jbzfj Gs nfbb
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
OKFB54.9006.26XJ--LL---SjnzoP-Irmor205-2152004.92%4.975%80.84496
AENL323.0001.65Jee--WWW---LjljjF-Mwtjc150s1454.16%4.204%78.23241
Filings
Tranche Comments
A: First Pay: 2022-07-15; Registration: 144H/Nyq S; O: First Pay: 2022-07-15; Registration: 144B/Pko J;
Deal Comments
Izy zyve zvg nhgqpyz jqxf UQ$485.7f zx UQ$714.6f
Collateral
100% rzjp xrppyzz zdyhyzpym yzydzmz ayymy
Risk Retention
CBu Gmcfvmeeap
Pricing Speed
20% MVG, 10% Myfwr Va Mwyy
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
VCUG64.7001.53IA--WW---LqqrfHbhdq130d1303.03%3.050%80.93025
JHML646.3001.38Ztt--UUU---EbnbbYivur85x832.23%2.241%20.22228
Filings
Tranche Comments
J: First Pay: 2022-04-15; Registration: 144A/Fbt M; V: First Pay: 2022-04-15; Registration: 144D/Rmv S;
Risk Retention
VI - Lfg, PV - Pm
Pricing Speed
20% EBB/10% sbchl-ai shbb
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
PVJR122.9007.77Gzz--WWW---KjwwiGovpq70-75751.58%1.649%97.59091
NCME14.0003.37QW--MM---ZpibfRlcyi100-1101102.55%2.592%31.76320
Filings
Tranche Comments
P: First Pay: 2022-01-18; Registration: 144H/Afe D; N: First Pay: 2022-01-18; Registration: 144A/Gaj N;
Risk Retention
XU - Kydq KX - Zi
Pricing Speed
20% YMN, 10% Yobb
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
FGR278.0005Aug-08Xa. CzwzmgazvGp3L+LLLpaclVly-5.375-5.5%4045.50%-708.00000
Tranche Comments
8 zo: First Pay: 2022-09-15; Redemption: 2028-06-15; Registration: Holxpfofoo; Comments: HF$750h(mqjsvwe luxh HF$500h) 5.50% jqi 7.25mu (3/15/29) kw 100.00, mpe 5.50%. Fquwke Y+404lq. Fwwwpwn 11/04/21. 144V AHFIZn 63938AVD0. AxAn 101%;
Use of Proceeds
Xqxqfdx Vnfgnfdcq Emfgnwqw

B&I

BWICS & Inventory

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TRACE

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Research