Sallie Mae Sells First Post-Crisis B Class

28 Feb 2013

Student loan originator Sallie Mae priced a $1.1 billion private student loan asset-backed securitization, its first to include a subordinate tranche since the financial crisis.

Student loan originator Sallie Mae priced a $1.1 billion private student loan asset-backed securitization, its first to include a subordinate tranche since the financial crisis. Pricing came in line of or tighter than original price guidance on every tranche. SLM Private Education Loan Trust 2013-A follows two other ...

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