JPMorgan Chase Agents Navistar $1B Refi
Navistar International launched the refinancing of its existing approximately $1 billion senior secured term loan.
Navistar International launched the refinancing of its existing approximately $1 billion senior secured term loan.
Navistar amended its ABL credit agreement with Bank of America as administrative agent and JPMorgan Chase Bank and Wells Fargo Bank as syndication agents.
Navistar completed the repricing of an existing $1 billion senior secured term loan, which reduces the interest rate by 1.50%. JPMorgan Chase served as administrative agent for the lender group.
Navistar amended its ABL credit agreement, with Bank of America as administrative agent. JPMorgan Chase Bank, Wells Fargo Capital Finance and Goldman Sachs Bank were lenders.
Navistar International said it completed refinancing the $697.5 million senior secured term loan facility of Navistar with a new $1.040 billion secured term loan. JPMorgan Chase served as administrative agent and collateral agent.
Navistar International said it refinanced its existing term loan of Navistar with a new $1.04 billion term loan. JPMorgan Chase will serve as administrative agent and collateral agent.
Navistar said it is pursuing an amendment to its $1 billion senior secured term loan facility. The company also announced a $300 million debt offering led by BofA as administrative agent.