Summary
Norfolk Southern Corporation (NSC) filed an 8-K report on April 30, 2002, disclosing the issuance and sale of $200 million in aggregate principal amount of 6% Senior Notes due April 30, 2008. These notes were issued under a framework of underwriting agreements and a series of indentures, indicating a capital-raising activity by the company. The primary purpose of this filing is to inform stakeholders about a significant debt issuance. Investors should note the details of this new debt, including the interest rate and maturity date, as it affects the company's leverage and financial obligations. The filing also lists various supporting documents, such as underwriting agreements and supplemental indentures, which provide the legal and financial framework for this transaction.
Key Highlights
- 1Norfolk Southern Corporation issued $200,000,000 of 6% Senior Notes due April 30, 2008.
- 2The debt issuance occurred on April 29, 2002, with the filing on April 30, 2002.
- 3The notes were sold under an Underwriting Agreement with Merrill Lynch & Co. and its affiliates.
- 4The issuance is governed by a Master Indenture dated January 15, 1991, and several supplemental indentures.
- 5The Sixth Supplemental Indenture, dated April 30, 2002, was executed in connection with this note issuance.
- 6The filing includes various exhibits detailing the underwriting agreements and the sixth supplemental indenture.