secwatch / observer
8-K filed November 21, 2023, 6:59 PM ET ticker NSC CIK 0000702165
debt confidence high sentiment neutral materiality 0.60

Norfolk Southern issues $1B in senior notes: $400M 5.55% due 2034, $600M 5.95% due 2064

NORFOLK SOUTHERN CORP

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

NORFOLK SOUTHERN CORP entered into Underwriting Agreement with Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and U.S. Bancorp Investments, Inc. valued at $1,000,000,000 aggregate principal amount of Notes (i) $400,000,000 5.550% Senior Notes due 2034 and (effective 2023-11-20).

Action
entry
Agreement
underwriting
Counterparty
Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and U.S. Bancorp Investments, Inc.
Value
$1,000,000,000 aggregate principal amount of Notes (i) $400,000,000 5.550% Senior Notes due 2034 and
Effective
2023-11-20
Exact text from the filing
On November 20, 2023, Norfolk Southern Corporation (the "Registrant") entered into an Underwriting Agreement (the "Underwriting Agreement") with Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and U.S. Bancorp Investments, Inc., as representatives of the several underwriters named therein, to issue and sell (i) $400,000,000 aggregate principal amount of the Registrant's 5.550% Senior Notes due 2034 (the "2034 Notes") at a public offering price equal to 99.985% of the aggregate principal amount of the 2034 Notes and (ii) $600,000,000 aggregate principal amount of the Registrant's 5.950% Senior Notes due 2064 (the "2064 Notes" and, together with the 2034 Notes, the "Notes") at a public offering price equal to 99.721% of the aggregate principal amount of the 2064 Notes (the "Offering").
View on SEC.gov

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Source: SEC EDGAR
accession 0001552781-23-000461
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