debt
confidence high
sentiment neutral
materiality 0.50
Norfolk Southern issues $400M of 5.100% Senior Notes due 2035
NORFOLK SOUTHERN CORP
- $400M aggregate principal of 5.100% Senior Notes due 2035.
- Public offering price 99.830%; net proceeds ~$395.75M after expenses.
- Proceeds used for general corporate purposes; closing expected May 2, 2025.
- Underwriters include BofA Securities, SMBC Nikko, and Wells Fargo Securities.