EDGAR·FLOW

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP — Form 8-K

Filed November 4, 2026 · analyzed by the 8-K Agent
8-K — Neutral significance 28/100
What the filing says
On November 4, 2026, Westinghouse Air Brake Technologies Corporation issued $500,000,000 principal amount of 5.900% Senior Notes due February 25, 2037. The notes are guaranteed by nine subsidiaries including GE Transportation, Wabtec Components LLC, RFPC Holding Corp., and others. Interest accrues semi-annually at 5.9% per annum, payable on February 25 and August 25 each year commencing February 25, 2027. The notes are redeemable at the company's option prior to November 25, 2036 at a make-whole price, or at par thereafter. Upon a change of control triggering event (downgrade below investment grade), noteholders may require the company to repurchase the notes at 101% of principal plus accrued interest.
Why this rating

Routine debt issuance of $500M (~1.6% of $31.1B market cap) with standard terms; material in absolute dollars but small relative to company size and ordinary capital markets activity.

View original filing on SEC.gov ↗ WAB · stock on Yahoo Finance ↗

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