Bond Norfolk Southern Railways 3.15% ( US655844BT49 ) in USD

Issuer	Norfolk Southern Railways
Market price	100 % ▲
Country	United States
ISIN code	US655844BT49 ( in USD )
Interest rate	3.15% per year ( payment 2 times a year)
Maturity	01/06/2027
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Minimal amount	2 000 USD
Total amount	300 000 000 USD
Cusip	655844BT4
Standard & Poor's ( S&P ) rating	BBB+ ( Lower medium grade - Investment-grade )
Moody's rating	Baa1 ( Lower medium grade - Investment-grade )
Next Coupon	01/12/2025 ( In 114 days )
Detailed description	Norfolk Southern Corporation is a major freight railroad company in the eastern United States, operating a network spanning 22 states and the District of Columbia. A detailed financial overview of the bond identified by ISIN US655844BT49 and CUSIP 655844BT4 reveals an investment-grade fixed-income instrument issued by Norfolk Southern Corporation, a major North American freight railroad operator headquartered in the United States, managing an extensive rail network primarily across the eastern and southeastern regions to transport diverse goods including coal, intermodal freight, and automotive and industrial products. This U.S.-issued bond, currently trading at 100% of its par value and denominated in USD, offers a 3.15% coupon rate paid semi-annually, forms part of a total issuance size of $300,000,000, and is available for purchase with a minimum lot size of $2,000. Scheduled to mature on June 1, 2027, the bond holds a 'BBB+' credit rating from Standard & Poor's and a 'Baa1' rating from Moody's, reflecting its standing within the fixed-income market.