Navistar says unit secures new $200 mln credit facility

June 15 (Reuters) - Navistar International Corp. said its unit entered into a new five-year, asset-based revolving credit facility of $200 million.

The unit, International Truck & Engine Corp., secured the facility by domestic manufacturing plant and service parts inventory, and used truck inventory, the truck and engine maker said in a statement.

The facility, which matures in June 2012, was arranged by Credit Suisse, Bank of America, and JPMorgan Chase Bank. Credit ...