Eric Ballantine Quotes
We currently believe that Navistar will resolve the potential default well before the 60-day cure period ends. If it appears that the company will be unable to resolve this potential default quickly, or if the company's liquidity were to become a concern, a multiple-notch downgrade is possible.
Tweet
Navistar | Resolve | Potential | Default | Cure |
comments powered by Disqus
The uncertainty on the filing is probably what the market is looking at.
- Eric Ballantine
We currently believe that Navistar will resolve the potential default well before the 60-day cure period ends. If it appears that the company will be unable to resolve this potential default quickly, or if the company's liquidity were to become a concern, a multiple-notch downgrade is possible.
- Eric Ballantine
