US: Navistar refinances debt to cut borrowing costs

Navistar has issued a redemption notice to holders of its 8.25% senior notes due 1 November 2021, outlining its intention to redeem US$50m of the notes on 1 November 2011 at a price of 103 and to redeem an additional US$50m of the same notes at a price of 103 Subscribe to Automotive World to … Continued

Navistar has issued a redemption notice to holders of its 8.25% senior notes due 1 November 2021, outlining its intention to redeem US$50m of the notes on 1 November 2011 at a price of 103 and to redeem an additional US$50m of the same notes at a price of 103

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https://www.automotiveworld.com/articles/89604-us-navistar-refinances-debt-to-cut-borrowing-costs/

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