Navistar Finalizes $1.5 Billion Loan Agreement

Click here to write a Letter to the Editor.
Navistar International Corp. said Monday that it signed its previously announced $1.5 billion loan agreement.The company first announced the loan in January as a $1.3 billion loan, but said that it was increased by $200 million due to strong lender demand. (Click here for previous coverage.)Navistar is the parent of International Truck and Engine Corp.