S&P Cuts Navistar (NAV) Long-Term Rating to 'CCC+'; Outlook Developing
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Navistar (NAV) Prices $200M Convertible Notes Offering
October 8, 2013 6:12 AM EDTNavistar International Corporation (NYSE: NAV) announced the pricing of its private offering of $200 million of 4.50% senior subordinated convertible notes due 2018. Closing of the offering is expected to occur on October 11, 2013 subject to customary closing conditions. In addition, the company has granted the initial purchasers an over-allotment... More
Navistar (NAV) Announces $200M Unsecured Conv. Notes Offering
October 7, 2013 7:03 AM EDTNavistar International Corporation (NYSE: NAV) announced that it plans to issue, subject to market conditions, $200 million of senior subordinated convertible notes due 2018. In addition, the company will grant the initial purchasers an option to purchase up to an additional $30 million of convertible notes. The... More
