Note: By using this page, you agree to the Investor Relations terms of use.
$861,295,000 Floating Rate Class A-FL Private Education Loan-Backed Notes
$861,295,000 Fixed Rate Class A-FX Private Education Loan-Backed Notes
$223,107,000 Fixed Rate Class B Private Education Loan-Backed Notes
$108,959,000 Fixed Rate Class C Private Education Loan-Backed Notes
$51,885,000 Fixed Rate Class D Private Education Loan-Backed Notes
Date of Issue: June 30, 2021
Issue Amount: $2,106,541,000
Securities Offered:
Class A-FL Floating Rate Asset-Backed Notes in the aggregate principal amount of
$861,295,000
Rate: One-Month LIBOR +0.78%
CUSIP: 64034QAA6
ISIN: US64034QAA67
Class A-FX Fixed Rate Asset-Backed Notes in the aggregate principal amount of
$861,295,000
Rate: 1.42%
CUSIP: 64034QAB4
ISIN: US64034QAB41
Class B Fixed Rate Asset-Backed Notes in the aggregate principal amount of
$223,107,000
Rate: 2.68%
CUSIP: 64034QAC2
ISIN: US64034QAC24
Class C Fixed Rate Asset-Backed Notes in the aggregate principal amount of
$108,959,000
Rate: 3.57%
CUSIP: 64034QAD0
ISIN: US64034QAD07
Class D Fixed Rate Asset-Backed Notes in the aggregate principal amount of
$51,885,000
Rate: 4.75%
CUSIP: 64034QAE8
ISIN: US64034QAE89
Rule 144A European Common Codes
Class A-FL Notes: 236133982
Class A-FX Notes: 236134008
Class B Notes: 236133974
Class C Notes: 236134024
Class D Notes: 236134032
Regulation S European Common Codes
Class A-FL Notes: 236134067
Class A-FX Notes: 236134075
Class B Notes: 236134059
Class C Notes: 236134083
Class D Notes: 236134091
Servicer: Nelnet Servicing, LLC (d/b/a Firstmark Services)
Administrator: National Education Loan Network, Inc.
Indenture Trustee: U.S. Bank, National Association
Initial Purchasers:
BofA Securities
Citigroup
Goldman Sachs & Co. LLC
Mizuho Securities
RBC Capital Markets
Wells Fargo Securities
Initial Rating:
Class A Notes
Aaa Moody's
AAA DBRS
Class B Notes
AA DBRS
Class C Notes
A DBRS
Class D Notes
BBB DBRS