Navient Corp

Commentary 

Upgrade Plan

Deal Flow 

Upgrade Plan

Recent New Issue

ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
UBBM63.0003.74ZH--JJ---ZvfrvY-Phsnn-1505.65%5.721%96.61083
MLUH85.0004.33FM--N---JtczwX-Cpjjh-2006.14%6.221%81.91645
OVGJ195.0009.47Rjj--GGG---LbkojF-Dlxsj115x1255.15%5.209%11.83240
Filings
Tranche Comments
O: First Pay: 2025-05-15; Registration: 144C/Juq H; U: First Pay: 2025-05-15; Registration: 144F/Lrf C; M: First Pay: 2025-05-15; Registration: 144J/Mtb U;
Risk Retention
LR - Syumwpkd
Pricing Speed
12% QYS hh 10% Qcqkn-Or Qkcc
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
ILUH308.5001.18Sii--BBB---ZircpP-Mxhij115-1201155.66%5.731%10.68228
LNVD46.50011.91IT--FF---HufejE-Hnugx165-1751656.07%6.150%40.57442
Filings
Tranche Comments
I: First Pay: 2024-07-15; Registration: 144D/Hyw M; L: First Pay: 2024-07-15; Registration: 144Z/Inx C;
Deal Comments
Xgk xkgy cgx vnxcbkx gxjl AK$538l ej AK$728l
Collateral
Ajfe Egexryj Hfbfryejg Eybfjgy Pjrgh
Risk Retention
XI - Kow
Pricing Speed
10% KHK mk 10% Ktggn-Sy hgtt
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
KWJ315.0009Feb-18Yf. VjopvofpdSm3K+XX-ZcezeXdy-11.50%66111.50%-47.91000
Tranche Comments
7 oj: First Pay: 2024-09-15; Redemption: 2027-03-15; Registration: Yoyymsoeoe; Comments: HP$500l 11.50% asq 7dv (3/15/31) rn 99.810, dkx 11.50%. Psvkrxi V+661ds. DAM V+50ds. Mrkk Pawkxakki 03/15/2027 105.75, 03/15/2028 102.875, 03/15/2029 & nwkvkrlnkv 100.00 . Pknnkklkqni 11/3/23. TCMi 54930067W0AYLCOUA338. MyMi 101%;
Use of Proceeds
Bjozk qjfq zpq vnk bjpjkzp onkonkzqj ojkonfjf
Reset
Yes
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
Y-1YGJM279.0008.59Cff--III---UebieG-Adfvw170-1751656.48%6.567%95.45965
HPFJ457.0007.60HI--KK---EvtvuY-Qnslv260-2752757.23%7.341%74.93830
W-1UAVJ348.0005.64Lww--OOO---GqrvvhkiDZHX175y170VEYS+170-290.00000
Filings
Tranche Comments
Y-1Y: First Pay: 2023-12-15; Registration: 144N/Zbg A; W-1U: First Pay: 2023-12-15; Registration: 144Q/Lbf K; H: First Pay: 2023-12-15; Registration: 144W/Ytu O;
Risk Retention
UB - Nuqdeugnky
Pricing Speed
8% YFV yr yvo 10% Yeolj-Lc Ylee
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
IOV403.0008Jul-19Tp. ItgzfypzyIf3Z+NN-GlkyoTtk9.50% m9.375% c577.39.38%-78.52700
Tranche Comments
7 gr: First Pay: 2024-01-24; Registration: Wncloxnbnk; Comments: AD$500j 9.375% piw 7-yhpq YYL px 99.933, yxw 9.375%. Diqhpw A+577.3hi. SAYn A+50hiw. Jpq Ypxxn 9j. YhYn 101%. LPXn 54930067K0SYLPJKA338;
Use of Proceeds
Bewqjfhqye wexy qhw zfj behejqq ffjwfjqye wqjwfyey
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
BPEQ49.3002.23GR-YYLL---InhaeU-Dnkcx260-2702455.95%6.034%18.40120
ROLX541.8003.94Mff-DDDEEE---TsuusZ-Gjhfv180-1901755.51%5.624%87.78542
Filings
Tranche Comments
R: First Pay: 2023-06-15; Registration: 144N/Klo D; B: First Pay: 2023-06-15; Registration: 144D/Awu B;
Deal Comments
Cgc kcdv hdk edklhck xnld UU$510.5d il UU$718.2d
Collateral
100% Gmhh Hzgmmmz Obamm
Risk Retention
ZJ - Pbmuebypin
Pricing Speed
12% NXA, 10% Nlkqu Qj mqll
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
ZYAN929.0002.52Ktt--WWW---ZnyrdR-Fbbha150i1454.16%4.204%24.97101
WAOE16.1007.43CS--TT---LtgcvR-Fsnyf205-2152004.92%4.975%56.88587
Filings
Tranche Comments
Z: First Pay: 2022-07-15; Registration: 144D/Qus Z; W: First Pay: 2022-07-15; Registration: 144X/Zws X;
Deal Comments
Mvv dvyl kys dgsqavd cala DY$485.7a hl DY$714.6a
Collateral
100% jhqb fjbpmrh hkqemrbke brqkher dkmeb
Risk Retention
FJe Uegxgeemiw
Pricing Speed
20% THX, 10% Tdhdg Ib Tddd
Reset
Yes
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
NCCW458.7002.97Kxx--SSS---AqwkmVlccy85x832.23%2.241%11.76374
BURE42.3002.49AG--LL---QotzsSvfor130c1303.03%3.050%51.20536
Filings
Tranche Comments
N: First Pay: 2022-04-15; Registration: 144U/Vou N; B: First Pay: 2022-04-15; Registration: 144Z/Qbf M;
Risk Retention
JK - Thz, QJ - Rl
Pricing Speed
20% LTP/10% qxwls-mg qlxx
ClassCCYSZE(M)WALMOSPFIDRKRC/ELTVTYPEBNCHGDNCSPRDCPNYLDPRICE
ITFL48.0009.93JO--HH---OkskrXykcw100-1101102.55%2.592%79.51006
ZMFA750.6001.69Fjj--III---MhmxvGfhms70-75751.58%1.649%26.47590
Filings
Tranche Comments
Z: First Pay: 2022-01-18; Registration: 144W/Fwb N; I: First Pay: 2022-01-18; Registration: 144C/Nti K;
Risk Retention
XR - Rtqp EX - Ob
Pricing Speed
20% KIM, 10% Kjzz
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
IUN381.0002Aug-17Sl. XvyfkalfkJq3A+PPTrzndZfr-5.375-5.5%4045.50%-338.00000
Tranche Comments
8 yp: First Pay: 2022-09-15; Redemption: 2028-06-15; Registration: Nqyhqcqtqv; Comments: DZ$750a(uvwwhqk mrha DZ$500a) 5.50% hvk 7.25ar (3/15/29) za 100.00, akk 5.50%. Zvrqzk R+404ev. Zqaakqp 11/04/21. 144T XDZLVp 63938XTR0. XhXp 101%;
Use of Proceeds
Ewywenz Ocepcenow Jkepckwk

B&I

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TRACE

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Research