SMB Private Education Loan Trust 2024-C
438,000,000 Class A-1A Private Education Loan-Backed Notes
Security Details:
Fixed Rate: 5.50%
144A CUSIP: 83206EAA5
Reg S CUSIP: U8306FAA5
180,000,000 Class A-1B Private Education Loan-Backed Notes
Security Details:
30-Day Average SOFR Rate + 1.10%
144A CUSIP: 83206EAB3
Reg S CUSIP: U8306FAB3
50,000,000 Class B Private Education Loan-Backed Notes
Security Details:
Fixed Rate: 6.06%
144A CUSIP: 83206EAC1
Reg S CUSIP: U8306FAC1
Date of Issue: May 15, 2024
Issue Amount: $ 668,000,000
Servicer:
Sallie Mae Bank
Indenture Trustee:
UMB Bank, N.A.
Administrator:
Sallie Mae Bank
Underwriters:
Bank of America Securities
Barclays
Goldman Sachs & Co. LLC
J.P. Morgan