Wabash prices upsized USD 130 million convertible senior notes offering due 2032 - WNC News | RalliesWabash prices upsized USD 130 million convertible senior notes offering due 2032
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WNC• Wabash prices upsized convertible notes offering
- Wabash priced an upsized USD 130 million private offering of 4.00% convertible senior unsecured notes due 2032.
- Initial purchasers hold an option to buy up to an additional USD 20 million of notes within 13 days of issuance.
- Net proceeds estimated at about USD 122 million, rising to about USD 141 million if the option is fully exercised.
- Offering expected to close July 20, 2026; proceeds earmarked for general corporate purposes, including repayment under an existing credit agreement.
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