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.