Navistar International's financial affiliate Navistar Financial (NFC) has announced the completion of the sale of US$290m of asset-backed notes. This is NFC's second retail securitisation this year. According to the company, these moves have enabled it to reduce debt costs and build liquidity. This recent sale was a 144-A transaction, NFC Subscribe to Automotive World … Continued
Navistar International's financial affiliate Navistar Financial (NFC) has announced the completion of the sale of US$290m of asset-backed notes. This is NFC's second retail securitisation this year.
According to the company, these moves have enabled it to reduce debt costs and build liquidity. This recent sale was a 144-A transaction, NFC
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https://www.automotiveworld.com/articles/84291-us-navistar-completes-sale-of-asset-backed-notes/
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