|
|
Article: Wabash finalizes investment, credit deal: trailer firm gains access to capital in tough economy.(equipment)
- Article from:
- Commercial Carrier Journal
- Article date:
- September 1, 2009
- Author:
CopyrightCOPYRIGHT 2009 Randall Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Wabash National Corp. said last month that it had closed on a previously announced $35 million investment in the company and a related amended revolving credit facility that provides for borrowing of up to $100 million. The investor is Trailer Investments LLC, an entity formed by Lincolnshire Equity Fund III L.P., a private equity investment fund managed by Lincolnshire Management Inc. As part of the deal, Wabash National issued preferred stock to Trailer Investments and a warrant representing 44.21 percent of the company's common stock. Wabash National also increased the size of its board of directors to 12 members and appointed five designees of Trailer Investments.
...
Related newspaper, magazine, and journal articles:
|
|
Article: Wabash National Corporation Launches New Trailer ...
PR Newswire;
March 20, 2003 ;
700+ words
... ... that combine innovation and value, Wabash National Corp. today announced the release ... sheet-and-post trailer," said Wabash National CEO Bill Greubel. "In doing so ... FreightPro will be manufactured at Wabash National's Lafayette facility. Production ...
|
|