Navient Corp CPI Linked Notes (Monthly) (ISM)
By: Tim McPartland,
Formerly SLM Corp
S&P Rating BB
Security Ticker Symbol ISM
Market Traded ON NYSE
Interest Payment Paid on the 15th of each month
Monthly Interest .xxx Annual Interest x.xx
Monthly interest payments will be based upon the month to month change in the CPI as shown below in the prospectus
Securities may not be redeemed early.
Interest Payment Will NOT be Qualified Distributions. Payments are interest (not dividends) thus they do not qualify for preferential tax rates.
Maturity Date 01/16/2018
Company Investor Relations Page for SLM Corp
Below you can find the offering Prospectus and or final pricing documents