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Default - USA - Navistar Gets Notice From Note Holders
USA -The Associated Press -Feb 3, 2006: -- Creditors of Navistar International Corp. claim that the heavy-duty truck maker defaulted on $220 million of 4.75 percent notes, Navistar said Friday... According to Navistar's filing with the Securities and Exchange Commission, note holders consider Navistar to be in default because it didn't provide a trustee for the notes with an annual report for its year ended Oct. 31, 2005, in a timely manner...
posted by Unknown @ 6:36 PM
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