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News Breaks | | | | August 30, 2012 | | 16:17 EDT |  | NAV | Navistar Financial renews, increases dealer inventory funding to $750M
Navistar Financial, an affiliate of Navistar (NAV), has signed agreements to renew and increase its largest dealer inventory funding facility to $750M, effective immediately. The facility is funded through three of NFC's major relationship banks. "We continue to have strong access to capital to support Navistar's growth," said Phyllis Cochran, President and CEO, NFC. "The quality of our portfolio and strength of our dealer network have earned the ongoing confidence and support of our relationship banks." The one-year renewal includes an increase of $250M over the prior year, in anticipation of the maturity of a $350M debt issuance in October. | |
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News For NAV From The Last 14 Days Check below for free stories on NAV the last two weeks. |
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| May 20, 2013 | | 14:49 EDT | | NAV | Navistar appoints Bill Kozek as president North America truck business
Navistar (NAV) announced it has appointed Bill Kozek as president of the company's North America Truck and Parts business. He succeeds Jack Allen, who was promoted to COO last month. Kozek joins Navistar following a 26-year career at PACCAR (PCAR), where he most recently served as vice president and general manager of its Peterbilt Motors. | | | May 16, 2013 | | 08:49 EDT | | NAV | Navistar sells recreational vehicle business
 Subscribe for More Information | | | May 13, 2013 | | 10:38 EDT |  | NAV | Oshkosh vehicle design rejected by Pentagon, Defense News says
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