SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
[Rule
13d-101]
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT
TO § 240.13d-1(a) AND AMENDMENTS
THERETO FILED PURSUANT TO § 240.13d-2(a)
Amendment No. 18
Navistar
International Corporation
(Name of Issuer)
Common Stock, par value $0.10 per share
(Title of Class of Securities)
63934E108
(CUSIP Number)
Janet Yeung
MHR Fund Management LLC
1345 Avenue of the Americas, 42
nd
Floor
New York, New York 10105
(212)
262-0005
(Name, Address and Telephone Number of Person Authorized to Receive Notices of Communication)
September 21, 2016
(Date of Event Which Requires Filing of This Statement)
If the filing
person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or
240.13d-1(g),
check the following box.
¨
Note
: Schedules filed in paper format shall include a signed original and five copies of the Schedule, including all exhibits.
See
§240.13d-7
for
other parties to whom copies are to be sent.
*
|
The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for
any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
|
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of
Section 18 of the Securities Exchange Act of 1934 (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
(Continued on following pages)
(Page 1 of 10 Pages)
|
|
|
|
|
CUSIP No. 63934E108
|
|
13D
|
|
(Page 2 of 10 Pages)
|
|
|
|
|
|
|
|
(1)
|
|
Name of reporting person
MHR INSTITUTIONAL PARTNERS III LP
|
(2)
|
|
Check the appropriate box if a
member of a group (see instructions)
(a)
¨
(b)
x
|
(3)
|
|
SEC use only
|
(4)
|
|
Source of funds (see
instructions)
WC
|
(5)
|
|
Check box if disclosure of legal
proceedings is required pursuant to Item 2(d) or 2(e)
¨
|
(6)
|
|
Citizenship or place of
organization
Delaware
|
Number of
shares
beneficially
owned by
each
reporting
person
with
|
|
(7)
|
|
Sole voting power
14,980,528
|
|
(8)
|
|
Shared voting power
0
|
|
(9)
|
|
Sole dispositive power
14,980,528
|
|
(10)
|
|
Shared dispositive power
0
|
(11)
|
|
Aggregate amount beneficially owned by each reporting person
14,980,528
|
(12)
|
|
Check box if the aggregate amount
in Row (11) excludes certain shares (see instructions)
¨
|
(13)
|
|
Percent of class represented by
amount in Row (11)
18.4%
|
(14)
|
|
Type of reporting person (see
instructions)
PN
|
|
|
|
|
|
CUSIP No. 63934E108
|
|
13D
|
|
(Page 3 of 10 Pages)
|
|
|
|
|
|
|
|
(1)
|
|
Name of reporting person
MHR INSTITUTIONAL ADVISORS III LLC
|
(2)
|
|
Check the appropriate box if a
member of a group (see instructions)
(a)
¨
(b)
x
|
(3)
|
|
SEC use only
|
(4)
|
|
Source of funds (see
instructions)
AF
|
(5)
|
|
Check box if disclosure of legal
proceedings is required pursuant to Item 2(d) or 2(e)
¨
|
(6)
|
|
Citizenship or place of
organization
Delaware
|
Number of
shares
beneficially
owned by
each
reporting
person
with
|
|
(7)
|
|
Sole voting power
14,980,528
|
|
(8)
|
|
Shared voting power
0
|
|
(9)
|
|
Sole dispositive power
14,980,528
|
|
(10)
|
|
Shared dispositive power
0
|
(11)
|
|
Aggregate amount beneficially owned by each reporting person
14,980,528
|
(12)
|
|
Check box if the aggregate amount
in Row (11) excludes certain shares (see instructions)
¨
|
(13)
|
|
Percent of class represented by
amount in Row (11)
18.4%
|
(14)
|
|
Type of reporting person (see instructions)
OO
|
|
|
|
|
|
|
|
CUSIP No. 63934E108
|
|
13D
|
|
(Page 4 of 10 Pages)
|
|
|
|
|
|
|
|
(1)
|
|
Name of reporting person
MHR FUND MANAGEMENT LLC
|
(2)
|
|
Check the appropriate box if a
member of a group (see instructions)
(a)
¨
(b)
x
|
(3)
|
|
SEC use only
|
(4)
|
|
Source of funds (see
instructions)
AF
|
(5)
|
|
Check box if disclosure of legal
proceedings is required pursuant to Item 2(d) or 2(e)
¨
|
(6)
|
|
Citizenship or place of
organization
Delaware
|
Number of
shares
beneficially
owned by
each
reporting
person
with
|
|
(7)
|
|
Sole voting power
16,225,000
|
|
(8)
|
|
Shared voting power
0
|
|
(9)
|
|
Sole dispositive power
16,225,000
|
|
(10)
|
|
Shared dispositive power
0
|
(11)
|
|
Aggregate amount beneficially owned by each reporting person
16,225,000
|
(12)
|
|
Check box if the aggregate amount
in Row (11) excludes certain shares (see instructions)
¨
|
(13)
|
|
Percent of class represented by
amount in Row (11)
19.9%
|
(14)
|
|
Type of reporting person (see instructions)
OO
|
|
|
|
|
|
|
|
CUSIP No. 63934E108
|
|
13D
|
|
(Page 5 of 10 Pages)
|
|
|
|
|
|
|
|
(1)
|
|
Name of reporting person
MHR HOLDINGS LLC
|
(2)
|
|
Check the appropriate box if a
member of a group (see instructions)
(a)
¨
(b)
x
|
(3)
|
|
SEC use only
|
(4)
|
|
Source of funds (see
instructions)
AF
|
(5)
|
|
Check box if disclosure of legal
proceedings is required pursuant to Item 2(d) or 2(e)
¨
|
(6)
|
|
Citizenship or place of
organization
Delaware
|
Number of
shares
beneficially
owned by
each
reporting
person
with
|
|
(7)
|
|
Sole voting power
16,225,000
|
|
(8)
|
|
Shared voting power
0
|
|
(9)
|
|
Sole dispositive power
16,225,000
|
|
(10)
|
|
Shared dispositive power
0
|
(11)
|
|
Aggregate amount beneficially owned by each reporting person
16,225,000
|
(12)
|
|
Check box if the aggregate amount
in Row (11) excludes certain shares (see instructions)
¨
|
(13)
|
|
Percent of class represented by
amount in Row (11)
19.9%
|
(14)
|
|
Type of reporting person (see instructions)
OO
|
|
|
|
|
|
|
|
CUSIP No. 63934E108
|
|
13D
|
|
(Page 6 of 10 Pages)
|
|
|
|
|
|
|
|
(1)
|
|
Name of reporting person
MARK H. RACHESKY, M.D.
|
(2)
|
|
Check the appropriate box if a
member of a group (see instructions)
(a)
¨
(b)
x
|
(3)
|
|
SEC use only
|
(4)
|
|
Source of funds (see
instructions)
AF
|
(5)
|
|
Check box if disclosure of legal
proceedings is required pursuant to Item 2(d) or 2(e)
¨
|
(6)
|
|
Citizenship or place of
organization
United States of America
|
Number of
shares
beneficially
owned by
each
reporting
person
with
|
|
(7)
|
|
Sole voting power
16,264,104
|
|
(8)
|
|
Shared voting power
0
|
|
(9)
|
|
Sole dispositive power
16,264,104
|
|
(10)
|
|
Shared dispositive power
0
|
(11)
|
|
Aggregate amount beneficially owned by each reporting person
16,264,104
|
(12)
|
|
Check box if the aggregate amount
in Row (11) excludes certain shares (see instructions)
¨
|
(13)
|
|
Percent of class represented by
amount in Row (11)
19.9%
|
(14)
|
|
Type of reporting person (see
instructions)
IN; HC
|
TABLE OF CONTENTS
Page 7 of 10
Explanatory Note
This statement on Schedule 13D (this
Statement
) amends and supplements, as Amendment No. 18, the Schedule 13D filed on June 15, 2012 (the
Initial
Schedule 13D
), which was amended on June 25, 2012 by Amendment No. 1 to the Initial Schedule 13D (
Amendment No. 1
), on July 10, 2012 by Amendment No. 2 to the Initial Schedule 13D
(
Amendment No. 2
), on October 9, 2012 by Amendment No. 3 to the Initial Schedule 13D (
Amendment No. 3
), on October 26, 2012 by Amendment No. 4 to the Initial Schedule 13D
(
Amendment No. 4
), on December 12, 2012 by Amendment No. 5 to the Initial Schedule 13D (
Amendment No. 5
), on July 15, 2013 by Amendment No. 6 to the Initial Schedule 13D
(
Amendment No. 6
), on July 17, 2013 by Amendment No. 7 to the Initial Schedule 13D (
Amendment No. 7
), on March 11, 2014 by Amendment No. 8 to the Initial Schedule 13D
(
Amendment No. 8
), on April 11, 2014 by Amendment No. 9 to the Initial Schedule 13D (
Amendment No. 9
), on June 24, 2015 by Amendment No. 10 to the Initial Schedule 13D
(
Amendment No. 10
), on December 18, 2014 by Amendment No. 11 to the Initial Schedule 13D (
Amendment No. 11
), on January 30, 2015 by Amendment No. 12 to the Initial
Schedule 13D (
Amendment No. 12
), on June 11, 2015 by Amendment No. 13 to the Initial Schedule 13D (
Amendment No. 13
), on July 27, 2015 by Amendment No. 14 to the Initial Schedule 13D
(
Amendment No. 14
), on September 4, 2015 by Amendment No. 15 to the Schedule 13D (
Amendment No. 15
), on December 18, 2015 by Amendment No. 16 to the Initial Schedule 13D
(
Amendment No. 16
) and on September 6, 2016 by Amendment No. 17 to the Initial Schedule 13D (
Amendment No. 17
and together with Amendment No. 1 through Amendment No. 16 and the Initial Schedule 13D, the
Schedule 13D
), and relates to shares of common stock, par value $0.10 per share (the
Common Stock
), of Navistar International Corporation (the
Issuer
). Except as otherwise provided,
capitalized terms used in this Statement but not defined herein shall have the respective meanings given to such terms in Amendment No. 17.
Page 8 of 10
Item 4. Purpose of Transaction
Item 4 is hereby amended by adding the following:
The information set forth in Item 6 below is incorporated into this Item 4 by reference.
Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to the Securities of the Issuer.
Item 6 is hereby amended by adding the following:
On September 21, 2016, at the
Issuers request, Master Account, Capital Partners (100) and Institutional Partners III (collectively, the
MHR Funds
) agreed to the Issuers request to waive their rights under that certain Registration Rights Agreement,
dated October 5, 2012, by and among the Issuer and the MHR Funds (the
Registration Agreement
), to include securities held by them as selling securityholders in the Issuers registration statement on Form S-3, filed on
September 22, 2016 (the
Registration Statement
), or in any subsequent offering by the Issuer with respect to the Issuers securities registered under such Registration Statement. At the same time, the MHR Funds and the Issuer
entered into Amendment No. 1 to the Registration Agreement (
Amendment No. 1
), pursuant to which the aggregate number of demand registrations that the Issuer is obliged to effect on behalf of the MHR Funds increased from three to
four.
The foregoing description of Amendment No. 1 does not purport to be complete and is qualified in its entirety by reference to the full
text of Amendment No. 1, a copy of which is filed as Exhibit 1 to this Statement and is incorporated by reference herein.
Item 7. Material to be Filed as Exhibits
|
|
|
Exhibit No.
|
|
Description
|
|
|
1
|
|
Amendment No. 1, dated as of September 21, 2016, to the Registration Rights Agreement, effective as of October 5, 2012, by and among the Issuer and the holders signatory thereto
(incorporated by reference to Exhibit 10.1 to the Issuers Current Report on Form 8-K filed on September 22, 2016).
|
Page 9 of 10
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this
Statement is true, complete and correct.
Dated: September 22, 2016
|
|
|
MHR INSTITUTIONAL PARTNERS III LP
|
|
|
By:
|
|
MHR Institutional Advisors III LLC, its General Partner
|
|
|
By:
|
|
/s/ Janet Yeung
|
Name: Janet Yeung
|
Title: Authorized Signatory
|
|
MHR INSTITUTIONAL ADVISORS III LLC
|
|
|
By:
|
|
/s/ Janet Yeung
|
Name: Janet Yeung
|
Title: Authorized Signatory
|
|
MHR FUND MANAGEMENT LLC
|
|
|
By:
|
|
/s/ Janet Yeung
|
Name: Janet Yeung
|
Title: Authorized Signatory
|
|
MHR HOLDINGS LLC
|
|
|
By:
|
|
/s/ Janet Yeung
|
Name: Janet Yeung
|
Title: Authorized Signatory
|
|
MARK H. RACHESKY, M.D.
|
|
|
By:
|
|
/s/ Janet Yeung, Attorney in Fact
|
Page 10 of 10
Navistar (NYSE:NAV)
Historical Stock Chart
From Apr 2024 to May 2024
Navistar (NYSE:NAV)
Historical Stock Chart
From May 2023 to May 2024