On May 29, 2025, Westinghouse Air Brake Technologies Corporation, also known as Wabtec Corporation, finalized a significant financing agreement through a public offering of senior notes. The company raised $1.25 billion by issuing $500 million in 4.900% Senior Notes due 2030 and $750 million in 5.500% Senior Notes due 2035. This transaction was executed under Wabtec's existing shelf registration statement with the SEC. The notes are fully guaranteed by the company's current and future subsidiaries that are guarantors under the company's Amended and Restated Credit Agreement, dated April 23, 2025. This agreement involves Wabtec Transportation Netherlands B.V. as a borrower, alongside various financial institutions as lenders, with PNC Bank serving as the administrative agent. The issuance includes provisions for repurchase in the event of a change of control and is subject to customary covenants and events of default.