Winnebago Issues $300M Convertible Notes, Strengthens Financial Position

Winnebago Industries Announces $300 Million Convertible Note Offering

Winnebago Industries, a leading manufacturer of outdoor lifestyle products, has recently disclosed its plans to raise $300 million through a convertible note offering. The company aims to target qualified institutional buyers with the offering, with an option for the initial purchasers to buy an additional $50 million in notes within 13 days. This move is part of Winnebago’s ongoing efforts to optimize its capital structure and raise funds for strategic initiatives.