WNC shares slip -7.75% after the company announced a private offering of $100M in convertible Senior unsecured notes due 2032, with an optio

WNC shares slip -7.75% after the company announced a private offering of $100M in convertible Senior unsecured notes due 2032, with an option for initial purchasers to buy an additional $15M. Wabash plans to use the proceeds for general corporate purposes.