---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-23-000335"
form_type: "8-K"
ticker: "NSC"
cik: "0000702165"
company_name: "NORFOLK SOUTHERN CORP"
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T19:36:27.263634+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Norfolk Southern issues $1.6B senior notes at 5.050% and 5.350%

## Summary
- $600M of 5.050% notes due 2030 at 99.796% of par; $1B of 5.350% notes due 2054 at 99.416% of par.
- Net proceeds estimated at ~$1.58B after underwriting discount and expenses.
- Proceeds to be used for general corporate purposes.
- Offering expected to close on August 2, 2023.

## SEC filing metadata
- accession: 0001552781-23-000335
- form_type: 8-K
- ticker: NSC
- cik: 0000702165
- company_name: NORFOLK SOUTHERN CORP
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/702165/000155278123000335/0001552781-23-000335-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/702165/000155278123000335/e23332_nsc-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000335
- JSON: https://secwatch.observer/filing/0001552781-23-000335.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000335.txt

## Key facts
- Material Agreements
  NORFOLK SOUTHERN CORP entered into Underwriting Agreement with BofA Securities, Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein valued at $600,000,000 aggregate principal amount of the Registrant's 5.050% Senior Notes due 2030 ... and $1, (effective 2023-07-31).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: BofA Securities, Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein
  - Value: $600,000,000 aggregate principal amount of the Registrant's 5.050% Senior Notes due 2030 ... and $1,
  - Effective: 2023-07-31
  source text: On July 31, 2023, Norfolk Southern Corporation (the “Registrant”) entered into an Underwriting Agreement (the “Underwriting Agreement”) with BofA Securities, Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein, to issue and sell (i) $600,000,000 aggregate principal amount of the Registrant’s 5.050% Senior Notes due 2030 (the “2030 Notes”) at a public offering price equal to 99.796% of the aggregate principal amount of the 2030 Notes and (ii) $1,000,000,000 aggregate principal amount of the Registrant’s 5.350% Senior Notes due 2054 (the “2054 Notes” and, together with the 2030 Notes, the “Notes”) at a public offering price equal to 99.416% of the aggregate principal amount of the 2054 Notes (the “Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/702165/000155278123000335/0001552781-23-000335-index.htm

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