EX-99.1 2 ef20081979_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Event Notice Dated September 14, 2026 Issuer: SLM Student Loan Trust 2006-7 Depositor: Navient Funding, LLC Notes to which this Event Notice relates: $27,750,000 Auction Rate Class A-6B Notes (the “Class A-6B Notes”) $27,750,000 Auction Rate Class A-6C Notes (the “Class A-6C Notes”) CUSIP Numbers: Class A-6B Notes: 78443GAG0 Class A-6C Notes: 78443GAH8 Event Reported: Buy Rates to be Bid by an affiliate of the Depositor in Future Auctions Buy Rates to be Bid by an affiliate of the Depositor in Future Auctions The previous auctions for the Class A-6B Notes have resulted in the Depositor’s affiliate holding $27,750,000 of the Class A-6B Notes, representing all of the issued and outstanding Class A-6B Notes. For the auction for the Class A-6B Notes occurring on September 16, 2026, the Depositor’s affiliate plans to submit a Hold Order for the …
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K
SLM Student Loan Trust 2006-7
Other Events
ITEM 8.01 Other Events For the auction for the SLM Student Loan Trust 2006-7 Class A-6B Notes occurring on September 16, 2026, an affiliate of Navient Funding, LLC intends to submit a Hold Order for the Class A-6B Notes it currently holds, which represent all of the issued and outstanding Class A-6B Notes.…
Disclosure sections
Item 8.01Item 8.01 - Other Events
ITEM 8.01 Other Events
For the auction for the SLM Student Loan Trust 2006-7 Class A-6B Notes occurring on September 16, 2026, an affiliate of Navient Funding, LLC intends to submit a Hold Order
for the Class A-6B Notes it currently holds, which represent all of the issued and outstanding Class A-6B Notes. For the auction for the SLM Student Loan Trust 2006-7 Class A-6C Notes occurring on September 18, 2026, such affiliate intends to submit
buy bids for all outstanding Notes that it does not currently hold of the Class A-6C Notes at a rate equal to 30-day Average SOFR + 0.11448% + 1.50% per annum and submit a Hold Order for the Class A-6C Notes it currently holds. For more information
review the Event Notice attached hereto as Exhibit 99.1.