News Releases

Date Title and Summary View
Toggle Summary Navient closes $10 billion financing facility
NEWARK, Del., Nov. 17, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today announced the closing of a new $10 billion student loan asset-backed commercial paper financing facility. The conduit matures in November 2017, and was supported by Wells Fargo Bank, National Association; JPMorgan Chase
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Toggle Summary Navient names three new directors
NEWARK, Del., Nov. 18, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, announced the appointment of three new independent board members: John K. Adams, Katherine A. Lehman, and Laura S. Unger.
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Toggle Summary Navient CFO to present at Bank of America Merrill Lynch 2014 Leveraged Finance Conference on Dec. 3
NEWARK, Del., Nov. 26, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that CFO Somsak Chivavibul will speak at the Bank of America Merrill Lynch 2014 Leveraged Finance Conference on Wednesday, Dec. 3.
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Toggle Summary Navient CEO and CFO to present at Goldman Sachs U.S. Financial Services Conference on Dec. 9
NEWARK, Del., Dec. 2, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that CEO Jack Remondi and CFO Somsak Chivavibul will speak at the Goldman Sachs U.S. Financial Services Conference on Tuesday, Dec. 9.
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Toggle Summary Navient appoints former U.S. Treasurer Anna Escobedo Cabral to its Board of Directors
NEWARK, Del., Dec. 11, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, announced the appointment of Anna Escobedo Cabral to its Board of Directors. "We welcome Anna Cabral to our board, and will benefit from her extensive public affairs,
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Toggle Summary Navient announces new $1 billion share repurchase authority
NEWARK, Del., Dec. 15, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors approved a new share repurchase program for up to $1.0 billion of the company's outstanding common stock.
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Toggle Summary Navient to announce fourth quarter and full year 2014 results on Jan. 21, host earnings call on Jan. 22
NEWARK, Del., Jan. 6, 2015 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will release its 2014 fourth quarter and full year earnings results after market close on Wednesday, Jan. 21, 2015. In addition, the company will host a conference
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Toggle Summary Navient Reports Fourth-Quarter and Full-Year 2014 Financial Results
Navient Acquires $13 Billion in Student Loans During the Year 2014 Charge-Off Rates on Private Education Loan Portfolio Improve to Lowest Levels Since 2008 $1 Billion Authorized for Common Share Repurchases, Effective Jan. 1, 2015 NEWARK, Del., Jan. 21, 2015 (GLOBE NEWSWIRE) -- Navient
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Toggle Summary Navient announces 7 percent increase in quarterly dividend
WILMINGTON, Del., Jan. 26, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors approved a 7 percent increase in its 2015 first quarter dividend to $0.16 per share on the company's
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Toggle Summary Navient announces Cash Tender Offer for its 6.25% Medium Term Notes, Series A due Jan. 25, 2016
WILMINGTON, Del., Jan. 29, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the commencement of a modified "Dutch Auction" tender offer (the "Offer") for a portion of its outstanding 6.25% Medium Term Notes,
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