Navistar Financial Corp., the retail and wholesale financing arm of struggling truck manufacturer Navistar International, is issuing its first 2016 dealer floorplan securitization.

Navistar Financial Dealer Note Master Owner Trust II Series 2016-1 is a $250 million notes transaction split into four classes of notes. It matches tranche-for-tranche and dollar-for-dollar the structure of its previous transaction in July 2015.  

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