SLM Corp., better known as Sallie Mae, is in the market with a SLABS 144A deal from its SLM Private Education Loan Trust 2011-C.

Moody's Investors Service has assigned its provisional ratings of 'Aaa(sf)' to three classes of senior notes worth $985 million divided into  $440 million floating-rate Class A-1 notes, $195 million floating-rate Class A-2A notes and $350 million fixed-rate Class A-2B notes.

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