SMB Private Education Loan Trust 2024-E
630,000,000 Class A-1A Private Education Loan-Backed Notes
Security Details:
Fixed Rate: 5.09%
144A CUSIP: 78450XAA6
Reg S CUSIP: U83087AA1
173,000,000 Class A-1B Private Education Loan-Backed Notes
Security Details:
30-Day Average SOFR Rate + 1.35%
144A CUSIP: 78450XAB4
Reg S CUSIP: U83087AB9
65,000,000 Class B Private Education Loan-Backed Notes
Security Details:
Fixed Rate: 5.71%
144A CUSIP: 78450XAC2
Reg S CUSIP: U83087AC7
Date of Issue: August 14, 2024
Issue Amount: $ 868,000,000
Servicer:
Sallie Mae Bank
Indenture Trustee:
UMB Bank, N.A.
Administrator:
Sallie Mae Bank
Underwriters:
J.P. Morgan
Bank of America Securities
Barclays
Goldman Sachs & Co. LLC