ABS

Sallie Mae Priced a Private SLAB Deal

Published May 7, 2009 3:54 PM EDT Updated May 7, 2009 4:08 PM EDT 1 Min Read

Sallie Mae announced that it had priced a Term ABS Loan Facility (TALF)-eligible $2.6 billion securitization backed by private student loans.

The 144A offering, called SLM Private Education Loan Trust 2009-B, is led by Banc of America Securities, RBS Securities and JPMorgan Securities. Barclays Capital is co-manager on the deal.

Preliminary details on the transaction are available via the link below from the ASR Scorecard database.

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