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. It operates in three segments: Federal Family Education Loan Program (FFELP) Loans, Private Education Loans, and Business Services. The company holds portfolios of education loans insured or guaranteed under the FFELP and of private education loans, originates private education refinance loans, and services education loans owned by the U.S. Department of Education, financial institutions, and nonprofit education lenders. It also offers asset recovery services for loans and receivables on behalf of FFELP guarantors and higher education institutions, and 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.