Navistar International Corporation (NAV) has set the interest rate for its $250 million worth of senior unsecured notes at 8.25% annually.
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LISLE, Ill., Jan. 13, 2017 /PRNewswire/ -- Navistar International Corporation (NAV) today announced the pricing of its public offering of $250 million of its 8.25% senior notes due 2021 (the "notes") at an issue price of 100.0% of the aggregate principal amount of the notes. The notes will be issued as additional notes under the indenture pursuant to which the company previously issued $1.3 billion aggregate principal amount of 8.25% senior notes due 2021 (the "existing senior notes"), of which $1.2 billion remains outstanding. The notes will be treated together with the existing senior notes as a single series of debt securities and will have the same terms as and be fungible with the existing senior notes.
NAV : Summary for Navistar International Corporat - Yahoo Finance
Navistar International Corporation (NAV)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||28.98 - 29.72|
|52 Week Range||5.78 - 33.46|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-21.15|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|