• Navient closed USD 550 million NAVEL 2026-A securitization, backed by Earnest-branded private student loans.
• Transaction marked first in-school student loan securitization of year, second securitization of Earnest-branded in-school loans.
• Collateral pool comprised diversified Earnest-branded undergraduate, graduate student loans.
• All classes fully subscribed on first marketing day, with oversubscription across deal.

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