The amended agreement was also extended The term from May 18, 2018 to August 4, 2022 Source Code for Eikon: New Corporate Coverage: – The amended agreement notably reduces the size of the revolving credit facility to $125 million from $175 million – On August 4, co entered into a second modified and amended ABL credit contract. . Bonds are only offered and sold to persons reasonably assumed to be qualified institutional purchasers who rely on Rule 144A under the Securities Act and, for offshore transactions, Regulation S under the Securities Act. The obligations and associated guarantees are not registered under the Securities Act or the National Securities Act and cannot be offered or sold in the United States without registration or exemption from applicable registration requirements. . . . Navistar intends to use the net proceeds of the bond offer for general purposes. The information and statements contained in this press release, which are not purely historical, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, amended (“Securities Act”), Section 21E of the Securities Exchange Act of 1934, amended (“Exchange Act”) and the Private Securities Litigation Act of 1995. These forward-looking statements relate only to the date of this publication and Navistar International Corporation undertakes no commitment to update the information contained in this publication. Such forward-looking statements contain information about our potential or assumed future results, including descriptions of our business strategy.
These statements often contain words such as faith, expectation, anticipation, projects, plans, treasures or similar expressions. These statements are not guarantees of performance or results and involve risks, uncertainties and assumptions. Another description of these factors in the risk factors outlined in our notifications to the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended October 31, 2019, our Quarterly Report on Form 10-Q for the period 31 January 2020 and our current Report on Form 8-K of April 13. , 2020. While we believe that these forward-looking statements are based on reasonable assumptions, there are many factors that could influence our actual financial results or the results of the business, which could lead to actual results being materially different from those of forward-looking statements. All future forward-looking written and oral statements on our behalf or on our behalf are expressly qualified in their entirety by the above or mentioned warnings. With the exception of our current obligations to disclose essential information, as required by federal securities law, we have no obligations or intention to publicly publish any changes to forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unforeseen events. .
. . This press release does not constitute an offer to sell, an invitation to purchase the bonds, warranty or other securities, or an offer, invitation or sale in a jurisdiction where such an offer, offer or offer is illegal. . This press release is issued in accordance with Rule 135c of the Securities Act. The bonds are guaranteed by Navistar`s principal company, Navistar, Inc., and provided by (i) a first priority of 65% of the capital stock of Navistar International B.V., a wholly owned subsidiary of Navistar, which has subsidiaries that operate Navistars abroad in Mexico, Canada and Brazil, (ii) a second priority right over certain security , which also guarantees the Navistars Senior Secure Switzerland credit credit, but the Navistars recovery area, and (iii) a priority pledge fee for certain guarantees, which also guarantees the Security Secretary Credit Credit Agreement and the Facility Revenue Bonds Recovery Area.