The company said it completed the public offering of $500,000,000 in 4.900% Senior Notes due 2030 (2030 Notes) on May 29, 2025. The notes mature on May 29, 2030.

1. 01

   The company said it completed the public offering of $500,000,000 in 4.900% Senior Notes due 2030 (2030 Notes) on May 29, 2025. The notes mature on May 29, 2030.

2. 02

   Wabtec also completed the issuance of $750,000,000 in 5.500% Senior Notes due 2035 (2035 Notes) on the same day, with maturity on May 29, 2035. Interest on both series is payable semi-annually on May 29 and November 29 each year, with the first payment on November 29, 2025.

3. 03

   The company said it may redeem the notes at a make-whole premium before the Par Call Date, and that the Par Call Date is April 29, 2030 for the 2030 Notes and March 1, 2035 for the 2035 Notes. If a change of control triggering event occurs, the company must offer to purchase the notes at 101% of their principal amount, plus accrued and unpaid interest.

4. 04

   The company said the notes are unsecured senior obligations and are effectively subordinated to existing and future secured debt to the extent of the value of the assets securing that debt. Payments on the notes are fully and unconditionally guaranteed, jointly and severally, on an unsecured basis by the subsidiary guarantors under the Amended and Restated Credit Agreement dated April 23, 2025.

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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