![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
Downgraded - USA - Fitch Lowers Navistar to 'BB-'
Assigns 'BB-' Indicative Rtg to New Credit Facility
CHICAGO,Ill,USA -BUSINESS WIRE -Feb. 10, 2006: -- Fitch has downgraded the ratings of Navistar International Corp. and its subsidiary, Navistar Financial Corp. (NFC) as follows... The downgrade reflects the protracted duration of Navistar's inability to file audited financial statements, the scale and uncertainty of any adjustments that may be required, uncertainties associated with the potential refinancing of Navistar International's debt, and the potential for limited access to external capital following the refinancing...
posted by Unknown @ 6:17 PM
0 Comments:
Post a Comment
<< Home