advertisement

Navistar to sell $919 million in bonds

Navistar International Corp. plans to sell $919 million of bonds backed by loans on trucks, buses and trailers, according to a person familiar with the offering.

Credit Suisse Group AG, Deutsche Bank AG, JPMorgan Chase & Co. and Royal Bank of Canada are underwriting the sale for Navistar's finanial unit, said the person, who declined to be identified because the terms aren't public.

Navistar is based on Warrenville.

Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.