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Prospect News home > News index > List of issuers S > Headlines for SLM Corp. (Sallie Mae) > News item |
Sallie Mae files automatic shelf covering stock, debt and preferreds
By Devika Patel
Knoxville, Tenn., Nov. 21 - SLM Corp. (Sallie Mae) filed an automatic shelf registration in an S-3-ASR filing with the Securities and Exchange Commission.
The registration covers debt securities, common stock, preferred stock, warrants and units.
The securities may be structured as convertibles.
Proceeds will be used for general corporate purposes.
Based in Newark, Del., Sallie Mae provides saving- and paying-for-college programs.
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