Wabtec (WAB) prices $750 million in senior notes

Go back to Wabtec (WAB) prices $750 million in senior notes

Wabtec Announces Pricing of Senior Notes Offering

May 19, 2025 5:34 PM EDT

PITTSBURGH--(BUSINESS WIRE)-- Wabtec Corporation (NYSE: WAB) (Wabtec) today announced that it has priced a public offering (the Offering) of (i) $500 million aggregate principal amount of 4.900% Senior Notes due 2030 (the 2030 Notes) and (ii) $750 million aggregate principal amount of 5.500% Senior Notes due 2035 (the 2035 Notes and, together with the 2030 Notes, the Notes). The Notes will be guaranteed by each of Wabtecs current and future subsidiaries that guarantee its indebtedness under its credit agreements or any other debt of Wabtec or any other guarantor.

The Notes will pay interest semi-annually in arrears. The 2030 Notes will mature on May 29, 2030, and... More