---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-23-000340"
form_type: "8-K"
ticker: "NSC"
cik: "0000702165"
company_name: "NORFOLK SOUTHERN CORP"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T15:25:14.043236+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Norfolk Southern closes $1.6B debt offering: $600M at 5.050% due 2030, $1B at 5.350% due 2054

## Summary
- Issued $600M aggregate principal of 5.050% Senior Notes due 2030 and $1B of 5.350% Senior Notes due 2054 on August 2, 2023.
- Notes issued under eleventh supplemental indenture with U.S. Bank Trust Company as trustee.
- Underwriters: BofA Securities, Morgan Stanley, and Wells Fargo Securities.
- Notes redeemable at company's option; make-whole premium applies if redeemed before two months (2030) or six months (2054) to maturity.

## SEC filing metadata
- accession: 0001552781-23-000340
- form_type: 8-K
- ticker: NSC
- cik: 0000702165
- company_name: NORFOLK SOUTHERN CORP
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/702165/000155278123000340/0001552781-23-000340-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/702165/000155278123000340/e23348_nsc-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000340
- JSON: https://secwatch.observer/filing/0001552781-23-000340.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000340.txt

## Key facts
- Debt Financings
  NORFOLK SOUTHERN CORP incurred senior notes of $600,000,000 aggregate principal amount of its 5.050% Senior Notes due 2030 and $1,000,000,000 aggregate principal amoun with BofA Securities, Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC as representatives of the several underwriters at 5.050% per annum for the 2030 Notes and 5.350% per annum for the 2054 Notes maturing 2030 Notes due 2030 and 2054 Notes due 2054.
  - Instrument: senior notes
  - Principal: $600,000,000 aggregate principal amount of its 5.050% Senior Notes due 2030 and $1,000,000,000 aggregate principal amoun
  - Counterparty: BofA Securities, Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC as representatives of the several underwriters
  - Rate: 5.050% per annum for the 2030 Notes and 5.350% per annum for the 2054 Notes
  - Maturity: 2030 Notes due 2030 and 2054 Notes due 2054
  - Event: incurrence
  source text: On August 2, 2023, Norfolk Southern Corporation (the “Registrant”) completed its offering of $600,000,000 aggregate principal amount of its 5.050% Senior Notes due 2030 (the “2030 Notes”) and $1,000,000,000 aggregate principal amount of its 5.350% Senior Notes due 2054 (the “2054 Notes” and, together with the 2030 Notes, the “Notes”) pursuant to an Underwriting Agreement, dated July 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/702165/000155278123000340/0001552781-23-000340-index.htm

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