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SLM talks benchmark 5.5-year notes at 5 1/8%
By Aleesia Forni and Paul A. Harris
Virginia Beach, Va., Dec. 11 - SLM Corp. has set price talk for its planned benchmark sale of 5.5-year dollar-denominated medium-term notes (Ba1/BBB-/BB+), series A, at 5 1/8%, according to market sources and a 424B5 filing with the Securities and Exchange Commission.
Barclays, Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC were the joint bookrunners.
The provider of education loans is based in Newark, Del.
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