Navistar Picks Up With GM Acquisition In Sights

18 May 2007

The $1.1 billion unsecured term loan for Navistar International saw some activity last week after reports surfaced the company was interested in acquiring General Motor Corp.'s medium-duty truck operation.

The $1.1 billion unsecured term loan for Navistar International saw some activity last week after reports surfaced the company was interested in acquiring General Motor Corp.'s medium-duty truck operation. Trading of the debt picked up but it ultimately hovered in the 101 3/8-7/8 context. "The loan has always ...

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