Navient Corporation successfully completed a public offering of $500,000,000 in 9.375% Senior Notes due 2031. The notes were issued under an existing base indenture dated July 18, 2014, as amended by a seventeenth supplemental indenture dated May 29, 2026. The notes bear interest at a rate of 9.375% per annum, payable semi-annually on April 15 and October 15, starting October 15, 2026. The notes are redeemable at the company's option prior to July 15, 2031, at a price based on the Treasury Rate plus 50 basis points, or at par on or after that date. The company is required to offer to repurchase the notes at 101% of the principal amount plus accrued interest if a 'Change of Control Triggering Event' occurs.