Sallie Mae Extends ABCP Facilities

Sallie Mae has extended for 60 days $26 billion in asset-backed commercial paper facilities that provide funding for its federally guaranteed and private student loans.

  • 02 Feb 2009

Sallie Mae has extended for 60 days $26 billion in asset-backed commercial paper facilities that provide funding for its federally guaranteed and private student loans. The new maturity date for the facilities is April 28, and the extension, according to Al Lord, vice-chairman and ceo of Sallie ...

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1 Wells Fargo Securities 11,897.40 33 11.83%
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