NaviStar Financial filed today with the Securities & Exchange Commission to sell its first dealer floorplan ABS in three years, according to the amended S-3. The token $1 million filing still requires SEC approval before NaviStar can bring any deal to market.
The last time NaviStar sold dealer floorplan ABS was June 30, 2000, which it priced $212 million of 2000-1 notes via Banc of America Securities. No underwriter was named in the documents.To view the filing in its entirety, click here.