SMB Private Education Loan Trust 2025-C
1,615,800,000 Class A-1A Private Education Loan-Backed Notes
Security Details:
Fixed Rate: 4.96%
144A CUSIP: 83208DAA5
Reg S CUSIP: U8313DAA1
179,500,000 Class A-1B Private Education Loan-Backed Notes
Security Details:
30-Day Average SOFR Rate + 1.20%
144A CUSIP: 83208DAB3
Reg S CUSIP: U8313DAB9
76,400,000 Class B Private Education Loan-Backed Notes
Security Details:
Fixed Rate: 5.10%
144A CUSIP: 83208DAC1
Reg S CUSIP: U8313DAC7
76,400,000 Class C Private Education Loan-Backed Notes
Security Details:
Fixed Rate: 4.78%
144A CUSIP: 83208DAD9
Reg S CUSIP: U8313DAD5
152,800,000 Class D Private Education Loan-Backed Notes
Security Details:
Fixed Rate: 5.26%
144A CUSIP: 83208DAE7
Reg S CUSIP: U8313DAE3
Date of Issue: August 21, 2025
Issue Amount: $ 2,100,900,000
Servicer:
Sallie Mae Bank
Indenture Trustee:
UMB Bank, N.A.
Administrator:
Sallie Mae Bank
Underwriters:
Goldman Sachs & Co. LLC