Note: By using this page, you agree to the Investor Relations terms of use.
Date of Issue: November 16, 2023
Issue Amount: $189,640,000
Securities Offered:
Class A-1A Floating Rate Asset-Backed Notes in the aggregate principal amount of
$65,900,000
Rate: 30-day Average SOFR +2.25%
CUSIP: 64034UAA7
Class A-1B Fixed Rate Asset-Backed Notes in the aggregate principal amount of
$65,900,000
Rate: 7.15%
CUSIP: 64034UAB5
Class B Fixed Rate Asset-Backed Notes in the aggregate principal amount of
$43,760,000
Rate: 5.00%
CUSIP: 64034UAC3
Class C Asset-Backed Notes in the aggregate principal amount of
$14,080,000
Rate: NA
CUSIP: 64034UAD1
Master Servicer and Administrator: National Education Loan Network, Inc.
Trustee: Computershare Trust Company, National Association
Lender Trustee: Computershare Trust Company, National Association
Lead Managers:
BMO Capital Markets
Initial Rating:
Class A Notes
AAA DBRS
Class B Notes
BBB DBRS
Class C Notes
NA