Navistar International affiliate Navistar Financial (NFC) has sold US$224m of wholesale floor plan notes in a two-year 144-A transaction. This move is aimed at supporting its dealer inventory funding.
This transaction will replace a US$250m deal, which is scheduled to mature in January 2012. After this, Navistar Financial says it will …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.