Pilgrim Global buys Sable Offshore (SOC) shares worth $14.7m
SLM Student Loan Trust 2006-5, administered by Navient Solutions, LLC, announced Wednesday that it has provided a preliminary remarketing memorandum to applicable remarketing agents. The memorandum is intended for distribution to certain qualified institutional buyers in connection with the remarketing of the Trust’s Class A-6B and Class A-6C Reset Rate Notes.
According to the press release statement included in the SEC filing, the memorandum was furnished on Wednesday and is attached as an exhibit to the current report. The document provides information relevant to the remarketing process for these asset-backed securities, which are backed by student loans.
The filing did not specify the terms, amounts, or pricing of the notes involved in the remarketing. No financial statements or pro forma financial data were included in this report. The trust is organized under the laws of Delaware and is associated with asset-backed securities in the student loan sector.
This information is based solely on the company’s Form 8-K statement filed with the Securities and Exchange Commission. The notes are not listed on any exchange, and no trading symbols apply.
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