SLM Corp., more popularly known as Sallie Mae, is going to issue a transaction under its SLM Student Loan Trust 2012-2.

The student loan issuer has filed preliminary prospectus with the Securities and Exchange Commission to issue a $824 million deal comprising floating-rate Class A and B notes.

To view the filing, please click here.

Joint bookrunners on the transaction are Barclays Capital and RBC Capital Markets. Royal Bank of Scotland is the SLABS' co-manager.

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