secwatch.observer — SEC 8-K summary
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Issuer:     WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB)
CIK:        0000943452
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001140361-24-009685
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wabtec prices $500M 5.611% senior notes due 2034 to refinance 2024 notes
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- Offering of $500M aggregate principal amount of 5.611% Senior Notes due 2034 priced Feb 26, 2024.
- Notes mature March 11, 2034; pay interest semi-annually; guaranteed by Wabtec's subsidiaries.
- Net proceeds plus cash or new $225M credit agreement will repay all outstanding 4.15% Senior Notes due March 15, 2024.
- Closing expected on or about March 11, 2024, subject to customary conditions.
- Joint book-running managers: Citigroup, J.P. Morgan, PNC Capital Markets, TD Securities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/943452/000114036124009685/0001140361-24-009685-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/943452/000114036124009685/ny20022052x4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-009685

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