Attached files

file filename
EX-99.1 - EXHIBIT 99.1 - SLM Student Loan Trust 2012-5ex99_1.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported):
December 2, 2016
 
SLM Student Loan Trust 2012-5

(Exact name of issuer as specified in its charter)

Navient Funding, LLC
(Exact name of Depositor as specified in its charter)

Navient Solutions, Inc.
(Exact name of Sponsor as specified in its charter)
 
   
04-3480392
   
333-166301-08
 
04-3480392
Delaware
 
333-166301
 
54-1843973
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification Number)

   
c/o Deutsche Bank Trust Company
   
   
Delaware
   
   
60 Wall Street, 27th Floor
   
   
Mailstop NYC 60 2720
   
   
New York, New York
   
   
10005
   
    (Address of principal executive offices)    
 
Issuer’s telephone number, including area code:
703-984-5858

   
Not Applicable
   
   
Former name or former address, if changed since last report
   

  Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


Item 1.01
Entry into a Material Definitive Agreement.

The transaction documents for the SLM Student Loan Trust 2012-5 (the “2012-5 Trust”) were amended on December 2, 2016 to extend the Class B Maturity Date to the January 2075 Distribution Date.  In connection with the foregoing, the parties thereto executed and delivered Supplemental Indenture No. 1B (“Supplemental Indenture 1B”), dated as of December 2, 2016, among the 2012-5 Trust, Deutsche Bank National Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee, and Deutsche Bank National Trust Company, not in its individual capacity but solely as Indenture Trustee.

Item 5.07
Submission of Matters to a Vote of Security Holders.

100% of the holders of Class B Notes as of December 2, 2016 consented to the foregoing Supplemental Indenture 1B effective as of that date.
 

Item 9.01
Financial Statements and Exhibits

 
Exhibits
   
99.1
Supplemental Indenture No. 1B, dated as of December 2, 2016, among the 2012-5 Trust, Deutsche Bank National Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee, and Deutsche Bank National Trust Company, not in its individual capacity but solely as Indenture Trustee.
 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the issuing entity has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
SLM STUDENT LOAN TRUST 2012-5
   
 
By:
Navient Funding, LLC
       
Dated: December 2, 2016
By:
/s/ C. Scott Booher
       
 
Name:
 
C. Scott Booher
 
Title:
 
Vice President
 

INDEX TO EXHIBITS
 
Exhibit
Number
Description
   
Supplemental Indenture No. 1B, dated as of December 2, 2016, among the 2012-5 Trust, Deutsche Bank National Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee, and Deutsche Bank National Trust Company, not in its individual capacity but solely as Indenture Trustee.