09:47 AM EST - Wajax Corporation : announced that it has launched a private placement offering of $125 million aggregate principal amount of its senior unsecured notes due 2020 The Corporation intends to use the net proceeds of the Notes to repay borrowings under its senior secured credit facilities, which in turn may be redrawn for general corporate purposes. Wajax Corporation
shares T.WJX are trading down $1.31 at $34.75.
