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Navient CDS Widen by Most in Eight Years as Debtholders Left Out
First reported by Bloomberg ·
The signal
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Brief pending · reported by Bloomberg, the single source so far
What happened
Costs to protect against a default by Navient Corp. rose on Thursday after the company announced a restructuring that will effectively cut bondholders off from the business’ biggest growth area.
Source description shown. AI brief pending.
Navient