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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
JPMorgan Chase Agents Navistar Refinancing
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Lenders/Participants
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J.P. Morgan Securities [Joint Lead Arranger, Joint Bookrunner]
Goldman Sachs Lending Partners [Joint Lead Arranger, Joint Bookrunner]
Credit Suisse Securities [Joint Lead Arranger, Joint Bookrunner]
JPMorgan Chase Bank [Administrative Agent, Collateral Agent]
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Structure
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Senior Secured Term Loan Refinance
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Amount
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$1.040
Million
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Borrower(s)
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Navistar International Corporation
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Description
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Refinancing of the $697.5 million senior secured term loan facility of Navistar, Inc., which was due to mature in August 2017, with a new $1.040 billion senior secured term loan that matures in August 2020. The refinancing will provide additional liquidity and financial flexibility for the company and extend the maturity of the term loan facility. As a result of this transaction, the maturity date of Navistar, Inc.'s $175 million ABL credit facility will also be extended by one year to May 2018.
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Industry
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Trucking
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| Related Tags |
Credit Suisse, Goldman Sachs, J.P. Morgan Securities, JPMorgan Chase
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ABL Advisor
Deal Tables
2025
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