Nelnet, Inc. commences fixed price cash tender offer for notes of Nelnet Education Loan Funding, Inc.

Nelnet, Inc. (NYSE: NNI) (the "Company") announced today that it has commenced a fixed price cash tender offer for any and all outstanding Series 2004‑2 senior auction rate student loan asset‑backed notes and Series 2004‑2 subordinate auction rate student loan asset‑backed notes (collectively, the "Auction Rate Notes") of Nelnet Education Loan Funding, Inc. (the "Issuer"), that are identified in the table below, for the consideration described in the table below (the "Notes Consideration"). More...