Navistar Financial S.A. de C.V. SOFOM E.N.R. Commercial Servicer Outlook Lowered To Negative; Ranking Affirmed

Standard & Poors, May 2011

Abstract
OVERVIEW We revised our outlook on Navistar Financial S.A. de C.V. SOFOM E.N.R. (NFCX) as a commercial loan servicer for the Mexican market to negative from stable. We affirmed our STRONG commercial loan servicer ranking. The affirmed ranking reflects the information provided by the company and our site visit performed on March 29, 2011. Our financial position for NFCX is Sufficient. MEXICO CITY (Standard & Poor's) May 11, 2011--Standard & Poor's Ratings Services' today revised its outlook on Navistar Financial S.A. de C.V. SOFOM E.N.R. (NFCX) as a commercial loan servicer for the Mexican market to negative from stable. At the same time, we affirmed our ranking on the company as a commercial loan servicer. We revised our outlook because,...

Companies mentioned in this report are: Navistar Financial, S.A. de C.V. SOFOM, E.N.R.
Action: Affirmed
Action: Outlook: Negative
Action: Servicer Ranking

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Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

Navistar Financial, S.A. de C.V. SOFOM, E.N.R.

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