Wabash, tied down in a weak trailer market, gets a debt downgrade
Strong Bearish
-80.0
For the second time this year, Moody’s Investors Service has downgraded the debt rating of trailer manufacturer Wabash National. The latest move takes the company’s corporate family rating (CFR) to B2 from B1. Other changes implemented by Moody’s Wednesday were to take Wabash’s probability of default rating to B2-PD from B1-PD, and to cut its […]
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The post Wabash, tied down in a weak trailer market, gets a debt downgrade appeared first on FreightWaves.
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