SMB Private Education Loan Trust 2023-A

473,000,000 Class A-1A Private Education Loan-Backed Notes

Security Details:

Fixed Rate: 5.38%
144A CUSIP: 78450QAA1
Reg S CUSIP: U83089AA7

60,000,000 Class A-1B Private Education Loan-Backed Notes

Security Details:

30-Day Average SOFR + 1.50%
144A CUSIP: 78450QAB9
Reg S CUSIP: U83089AB5

46,000,000 Class B Private Education Loan-Backed Notes

Security Details:

Fixed Rate: 5.88%
144A CUSIP: 78450QAC7
Reg S CUSIP: U83089AC3

Date of Issue: March 15, 2023

Issue Amount: $579,000,000

Servicer: 
Sallie Mae Bank

Indenture Trustee: 
Deutsche Bank National Trust Company

Administrator: 
Sallie Mae Bank

Underwriters: 
Goldman Sachs & Co. LLC