S&P: Wabash National loan B+

Standard & Poor's said it assigned its B+ corporate credit rating to Wabash National Corp. The outlook is stable.

At the same time, the agency said it assigned the company's $300 million term loan B a B+ issue rating and 4 recovery rating, indicating an expectation of average recovery for debtholders in the event of a payment default.

The agency said the ratings reflect its view of Wabash National Corp.'s business profile as weak and the financial profile as aggressive.

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