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.
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