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Wabash Prices Upsized Private Offering Of $130M Aggregate Principal Amount Of 4.00% Convertible Senior Unsecured Notes Due 2032
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Wabash (NYSE:WNC), a leader in end-to-end supply chain solutions for the transportation, logistics and infrastructure markets, announced today the pricing of its upsized private offering (the "Offering") of $130 million aggregate principal amount of 4.00% convertible senior unsecured notes due 2032 (the "notes"), which was upsized from the previously announced $100 million aggregate principal amount of notes, to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In addition, Wabash granted the initial purchasers of the notes an option to purchase, for settlement within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $20 million aggregate principal amount of the notes. The Offering is expected to close on July 20, 2026, subject to customary closing conditions.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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