Wabash retires $78.1 million in senior convertible notes

By Devika Patel

Knoxville, Tenn., April 29 - Wabash National Corp. retired $58.7 million of its senior convertible notes due Aug. 1, 2008 in the first quarter of 2008, according to a 10-Q filed Tuesday with the Securities and Exchange Commission.

In April, the company retired an additional $19.4 million of the notes, the filing said. It now has $26.4 million in notes remaining.

The notes were bought back with funds from the company's a $200 million loan and security agreement.

Based in Lafayette, Ind., Wabash is a truck trailer manufacturer.

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