Navient Corporation SR NT 6% 121543

Navient Corporation provides asset management and business processing services to education health care and government clients at the federal state and local levels in the United States. The company operates in three segments: Federal Family Education Loan Program (FFELP) Loans Private Education Loans and Business Services. It holds the portfolio of education loans insured or guaranteed under the FFELP as well as the portfolio of private education loans; and originates private education refinance loans. The company also services education loans owned by the United States Department of Education financial institutions and nonprofit education lenders. In addition it offers asset recovery services for loans and receivables on behalf of guarantors of FFELP loans and higher education institutions. Further the company provides asset recovery and other business processing services for federal state court and municipal clients; public authorities; and health care organizations. Navient Corporation was founded in 1973 and is headquartered in Wilmington Delaware.