SLM Student Loan Trust 2004-5 8-K
Research Summary
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SLM Student Loan Trust 2004-5 Files Remarketing Memorandum for Class A-6 Notes
What Happened
- On July 15, 2026, Navient Solutions, LLC, acting as administrator, furnished a preliminary remarketing memorandum to the remarketing agent for distribution to certain qualified institutional buyers. The memorandum concerns the remarketing of the SLM Student Loan Trust 2004-5 Class A-6 Reset Rate Notes.
- The memorandum included tables describing the underlying SLM Student Loan Trust 2004-5 student loan pool as of May 31, 2026; those pool tables are attached as an exhibit to the 8-K filing.
Key Details
- Date furnished: July 15, 2026.
- Administrator: Navient Solutions, LLC.
- Security involved: Class A-6 Reset Rate Notes of SLM Student Loan Trust 2004-5.
- Pool data snapshot: student loan pool information as of May 31, 2026 (tables attached as an exhibit).
Why It Matters
- The filing provides updated, transaction-specific information intended for potential buyers and noteholders involved in the remarketing of the Class A-6 Reset Rate Notes.
- These pool-level tables give investors and market participants current data on the underlying loans (as of May 31, 2026) that they can use when evaluating the notes during the remarketing process.