Navistar Reports Closing Of Underwriters' Election To Purchase Option Shares

LISLE, Ill., Nov. 5, 2012 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) announced today the closing of the sale of 763,534 shares of common stock pursuant to the underwriters' election to purchase option shares under Section 2(a) of the Underwriting Agreement in connection with the previously announced public offering of 10,666,666 shares of the company's common stock at $18.75 per share. The company intends to use all net proceeds from the sale of the option shares for general corporate purposes.

(Logo:  http://photos.prnewswire.com/prnh/20120127/MM32830LOGO-a)

Following the closing, the aggregate number of shares of Navistar common stock outstanding is 80,020,981.

ABOUT INTERNATIONAL

Based in Lisle, Illinois, International Motors, LLC* creates solutions that deliver greater uptime and productivity to our customers throughout the full operation of our commercial vehicles. We build International® trucks and engines and IC Bus® school and commercial buses that are as tough and as smart as the people who drive them. We also develop Fleetrite®aftermarket parts. In everything we do, our vision is to accelerate the impact of sustainable mobility to create the cleaner, safer world we all deserve. As of 2021, we joined Scania, MAN and Volkswagen Truck & Bus in TRATON GROUP, a global champion of the truck and transport services industry. To learn more, visit www.International.com.

Media contact:
Nick Smith
nick.smith@navistar.com
480-398-6511

Investor contact: 
Marvin Kalberlah
marvin.kalberlah@navistar.com
630-432-5179

 

*International Motors, LLC is d/b/a International Motors USA LLC in Illinois, Missouri, New Jersey, Ohio, Texas, and Utah.