SLM Student Loan Trust 2004-5·8-K

Apr 15, 8:57 PM ET

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SLM Student Loan Trust 2004-5 8-K

Research Summary

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SLM Student Loan Trust 2004-5 Furnishes Remarketing Memorandum, Pool Data

What Happened
On April 16, 2026, SLM Student Loan Trust 2004-5 filed an 8-K reporting that Navient Solutions, LLC, acting as administrator, on April 15, 2026 furnished a preliminary remarketing memorandum to the remarketing agent. The memorandum was provided for distribution to certain qualified institutional buyers to remarket the Trust’s Class A-6 Reset Rate Notes. The filing attaches tables describing the Trust’s student loan pool as of February 28, 2026.

Key Details

  • Navient Solutions, LLC (administrator) furnished the preliminary remarketing memorandum on April 15, 2026.
  • The memorandum concerns remarketing of the SLM Student Loan Trust 2004-5 Class A-6 Reset Rate Notes to qualified institutional buyers.
  • Tables showing the student loan pool composition and statistics are included as an exhibit and reflect the pool status as of February 28, 2026.
  • The event was reported on Form 8-K filed April 16, 2026 (Item 8.01; pool tables included under Item 9.01).

Why It Matters
This filing provides updated collateral information and signals a remarketing effort for the Class A-6 notes. For investors and noteholders, the attached pool tables offer current data on the loans backing the securities (useful for assessing credit and cash-flow trends). The 8-K does not announce changes to payment terms or trustee actions — it documents distribution of marketing materials and disclosure of pool data for potential institutional buyers.