What are these exchange offers?

Norfolk Southern Corporation is offering to exchange certain of its existing senior notes for new debt securities. This is a common financial strategy used by companies to manage their debt structure, potentially lowering interest costs, extending maturity dates, or optimizing their balance sheet.

What is the purpose of these exchange offers for investors?

Investors holding the targeted notes had the opportunity to exchange them for potentially different debt instruments offered by NSC. The press releases mentioned in the filing would detail the terms, including any premium or new debt offered, which investors could evaluate based on their investment strategy.

What are the key dates for these exchange offers?

The offers were priced on September 9, 2011. Preliminary results were announced on September 12, 2011, based on the early exchange date of September 9, 2011. The offers were scheduled to expire on September 23, 2011, unless extended by the company.

Where can I find more detailed information about the terms of the exchange offers?

More detailed information, including the pricing and terms of the exchange offers, is available in the press releases dated September 9, 2011 (Exhibit 99.1) and September 12, 2011 (Exhibit 99.2), which are incorporated by reference into this 8-K filing.

NSC 8-K SEC Disclosure — Sep 12, 2011

Summary

Norfolk Southern Corporation (NSC) filed an 8-K on September 12, 2011, to report on its private exchange offers for several series of its outstanding notes. The company announced the pricing of these offers on September 9, 2011, and provided preliminary results as of the early exchange date, September 9, 2011, on September 12, 2011. These exchange offers represent a strategic debt management initiative by the company.

Key Highlights

1NSC is conducting private exchange offers for its 7.90% Notes due 2097, 7.05% Notes due 2037, 7.25% Notes due 2031, and 7.80% Notes due 2027.
2The company announced the pricing of these exchange offers on September 9, 2011.
3Preliminary results of the exchange offers as of the early exchange date (September 9, 2011) were disclosed on September 12, 2011.
4The exchange offers were set to expire on September 23, 2011, unless extended.
5This filing indicates active debt management and potential refinancing activities by Norfolk Southern.
6The specific terms and pricing of the exchange offers are detailed in the referenced press releases (Exhibits 99.1 and 99.2).

NORFOLK SOUTHERN CORP 8-K Report, Corporate Update (Sep 12, 2011)

Summary

Key Highlights

Frequently Asked Questions