Navient Corporation (NASDAQ:NAVI) Files An 8-K Other EventsItem 8.01 OTHER EVENTS
On May 24, 2018, Navient Corporation (the “Company”) issued a news release entitled “Navient Reelects Board at Annual Shareholder Meeting” a copy of which is furnished herewith as Exhibit 99.1.
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Item 8.01 FINANCIAL STATEMENTS AND EXHIBITS |
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Exhibit Number |
Description |
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99.1 |
News Release dated May 24, 2018 |
NAVIENT CORP ExhibitEX-99.1 2 newrelease.htm NEWS RELEASE Blueprint NEWS RELEASE For immediate release Navient reelects board at annual shareholder meeting Board recognizes 21-year service of director Diane Suitt Gilleland WILMINGTON,…To view the full exhibit click here
About Navient Corporation (NASDAQ:NAVI)
Navient Corporation is a loan management, servicing and asset recovery company. The Company holds the portfolio of education loans insured or guaranteed under the Federal Family Education Loan Program (FFELP), as well as the portfolio of Private Education Loans. FFELP Loans are insured or guaranteed by state based on guaranty agreements among the United States Department of Education (ED) and these agencies. Private Education Loans are education loans to students or their families that bear the full credit risk of the customer and any cosigner. The Company operates in three segments: FFELP Loans, Private Education Loans and Business Services. The Company services its own portfolio of education loans, as well as those owned by banks, credit unions, non-profit education lenders and ED. It also provides asset recovery services on its own portfolio, guaranty agencies, higher education institutions, ED and other federal clients, as well as states, courts and municipalities.
