debt
confidence high
sentiment neutral
materiality 0.55
Union Pacific issues $3.5B in notes across four maturities up to 2072
UNION PACIFIC CORP
- Offered $1.25B 2.80% notes due 2032, $500M 3.375% notes due 2042, $1.25B 3.50% notes due 2053, $500M 3.85% notes due 2072.
- Total aggregate principal amount of $3.5B under shelf registration on Form S-3 (File No. 333-252947).
- Underwriters include BofA Securities, Citigroup, Credit Suisse, J.P. Morgan, and Morgan Stanley & Co.
- Underwriting agreement dated February 9, 2022; closing expected shortly.