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Navistar Financial Corporation -- Moody's upgrades Navistar CFR to B2, outlook stable

Moody's Investors Service ("Moody's") upgraded the ratings of Navistar International Corp. ("Navistar"), including the Corporate Family Rating (CFR) to B2 from B3, the Probability of Default Rating to B2-PD from B3-PD and the senior unsecured rating to B3 from Caa1. Concurrently, Moody's upgraded the senior secured rating at subsidiary Navistar Inc. to Ba2 from Ba3 and the industrial revenue bond ratings to B1 from B2. The senior secured rating at Navistar Financial Corporation (NFC) was affirmed at Ba3, and the Speculative Grade Liquidity Rating was affirmed at SGL-3.