Norfolk Southern Secures $400 Million Through New Senior Notes Offering with Leading Financial Institutions

Reuters
05-03
Norfolk Southern Secures $400 Million Through New Senior Notes Offering with Leading Financial Institutions

Norfolk Southern Corporation announced on May 2, 2025, the successful completion of a $400 million offering of 5.100% Senior Notes due 2035. This financing agreement was executed under an Underwriting Agreement dated April 28, 2025, involving BofA Securities, Inc., SMBC Nikko Securities America, Inc., and Wells Fargo Securities, LLC. The Notes were issued as part of Norfolk Southern's Automatic Shelf Registration Statement and are set to pay interest semi-annually. The company retains the option to redeem these Notes, with specific terms outlined for early redemption. This strategic financial move is expected to support Norfolk Southern's ongoing operations and growth initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NS - Norfolk Southern Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-111607), on May 02, 2025, and is solely responsible for the information contained therein.

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