WABASH NATIONAL Corp (WNC) Form 8-K — Jul 20, 2026
Wabash National Corporation completed a private unregistered offering of $150 million aggregate principal amount of 4.00% Convertible Senior Notes due 2032. The offering consisted of $130 million in initial notes and an additional $20 million purchased by initial purchasers, with the notes guaranteed by the company's subsidiaries. The notes will bear interest at a rate of 4.00% per annum, payable semi-annually, and are senior unsecured obligations maturing on August 1, 2032. The initial conversion price is set at approximately $16.75 per share, representing a 32.50% premium over the last reported sale price of $12.64 on July 15, 2026.
Key figures
- Debt Amount
- 150000000
- Interest Rate
- 4.00%
- Maturity Date
- 2032-08-01
- Conversion price
- $16.75
- Conversion premium
- 32.50%
- Max shares issuable
- 11867085
- Last reported sale price
- $12.64
Price after filing
Close on the filing date to close N calendar days later (from $13.27). Historical, not a forecast.
AI analysis
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