---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-24-000023"
form_type: "8-K"
ticker: "NSC"
cik: "0000702165"
company_name: "NORFOLK SOUTHERN CORP"
filed_at: "2024-01-26T23:59:59+00:00"
generated_at: "2026-06-06T16:53:27.050190+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Norfolk Southern enters into $800M revolver and $1B term loan facilities

## Summary
- New $800M unsecured revolving credit facility matures Jan 2031, amends and restates existing $800M facility from 2020.
- New $1B unsecured 364-day delayed draw term loan facility for general corporate purposes.
- No direct financial obligations have arisen under either facility as of filing date.
- Interest rates vary based on Base Rate or Adjusted Term SOFR; customary covenants include leverage ratio test.

## SEC filing metadata
- accession: 0001552781-24-000023
- form_type: 8-K
- ticker: NSC
- cik: 0000702165
- company_name: NORFOLK SOUTHERN CORP
- filed_at: 2024-01-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/702165/000155278124000023/0001552781-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/702165/000155278124000023/e24024_nsc-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-24-000023
- JSON: https://secwatch.observer/filing/0001552781-24-000023.json
- Plain text: https://secwatch.observer/filing/0001552781-24-000023.txt

## Key facts
- Debt Financings
  NORFOLK SOUTHERN CORP incurred term loan of $1,000 million with Bank of America, N.A. maturing 364-day.
  - Instrument: term loan
  - Principal: $1,000 million
  - Counterparty: Bank of America, N.A.
  - Maturity: 364-day
  - Event: incurrence
  source text: The Term Loan Credit Agreement establishes a 364-day, $1,000 million, unsecured delayed draw term loan facility under which the Registrant can borrow for general corporate purposes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/702165/000155278124000023/0001552781-24-000023-index.htm
- Debt Financings
  NORFOLK SOUTHERN CORP incurred revolving credit of $800 million with Wells Fargo Bank, N.A. maturing 5-year.
  - Instrument: revolving credit
  - Principal: $800 million
  - Counterparty: Wells Fargo Bank, N.A.
  - Maturity: 5-year
  - Event: incurrence
  source text: The New Revolving Credit Agreement establishes a 5-year, $800 million, unsecured revolving credit facility under which the Registrant can borrow (i) to refinance the Existing Revolving Credit Agreement (as defined below), (ii) to pay fees, commissions and expenses in connection with the New Revolving Credit Agreement and (iii) for general corporate purposes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/702165/000155278124000023/0001552781-24-000023-index.htm

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