Wabtec completes $1.5 billion secondary offering of Common Stock
Clients Wabtec Corporation
Jones Day represented Westinghouse Air Brake Technologies Corporation ("Wabtec") in connection with a $1.5 billion secondary public offering of Common Stock by a selling stockholder.
Wabtec is one of the world’s largest providers of value-added, technology-based equipment, systems and services for the global passenger transit and freight rail industries. Through its subsidiaries, Wabtec manufactures a range of products for locomotives, freight cars and passenger transit vehicles, and also builds new switcher and commuter locomotives, and provides aftermarket services. Wabtec is a global company with approximately 27,000 employees and products that can be found in more than 100 countries throughout the world.