---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-23-000051"
form_type: "8-K"
ticker: "NSC"
cik: "0000702165"
company_name: "NORFOLK SOUTHERN CORP"
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T08:24:52.426832+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Norfolk Southern borrows $100M under receivables facility, total $200M outstanding

## Summary
- Borrowed $100M under $400M receivables securitization facility on Feb 17, 2023.
- Total borrowings under facility now $200M; $200M remains available for draw.
- Proceeds to increase cash position and preserve financial flexibility.

## SEC filing metadata
- accession: 0001552781-23-000051
- form_type: 8-K
- ticker: NSC
- cik: 0000702165
- company_name: NORFOLK SOUTHERN CORP
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 2.03, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/702165/000155278123000051/0001552781-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/702165/000155278123000051/e23067_nsc-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000051
- JSON: https://secwatch.observer/filing/0001552781-23-000051.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000051.txt

## Key facts
- Debt Financings
  NORFOLK SOUTHERN CORP incurred credit facility of $100 million at Daily Simple SOFR.
  - Instrument: credit facility
  - Principal: $100 million
  - Rate: Daily Simple SOFR
  - Event: incurrence
  source text: On February 14, 2023, TFI provided notice to the lenders under the Facility of its request to borrow $100 million as of February 17, 2023 (the "Investment Date"), which will bring its aggregate borrowings under the Facility to $200 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/702165/000155278123000051/0001552781-23-000051-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.