Bond Norfolk Southern Railways 4.05% ( US655844BV94 ) in USD
Issuer | Norfolk Southern Railways |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 4.05% per year ( payment 2 times a year) |
Maturity | 15/08/2052 |
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Minimal amount | 2 000 USD |
Total amount | 749 994 000 USD |
Cusip | 655844BV9 |
Standard & Poor's ( S&P ) rating | BBB+ ( Lower medium grade - Investment-grade ) |
Moody's rating | Baa1 ( Lower medium grade - Investment-grade ) |
Next Coupon | 15/08/2025 ( In 6 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. **Norfolk Southern Corporation's Long-Dated USD Bond: An In-Depth Financial Analysis** This detailed financial article provides an overview of a specific fixed-income instrument issued by Norfolk Southern Corporation, a prominent entity within the North American transportation and logistics sector. Designated as an "Obligation," this bond represents a key debt instrument for investors seeking exposure to the stable, essential services provided by a Class I freight railroad. Norfolk Southern Corporation, the bond's issuer, stands as one of the largest and most significant railway companies in the United States, operating a vast freight rail network primarily across the eastern and southeastern regions of the country. The company plays a critical role in the U.S. economy, facilitating the movement of diverse commodities including coal, intermodal containers, automotive products, and various industrial and agricultural goods. Its extensive infrastructure and operational efficiency underpin its strategic importance in the national supply chain, contributing to its financial stability and capacity to meet its debt obligations. The bond in question carries the ISIN code US655844BV94 and CUSIP code 655844BV9, identifying it uniquely within the global and North American securities markets, respectively. Issued from the United States, the bond is denominated in United States Dollars (USD), aligning with the issuer's primary operational currency. As of current market valuations, this bond is trading at 77.38% of its par value, indicating it is priced at a discount in the secondary market. It offers a nominal interest rate, or coupon, of 4.05%, providing regular income to bondholders. The total issuance size of this particular bond series is substantial, amounting to $749,994,000, reflecting a significant capital raise by Norfolk Southern. For prospective investors, the minimum purchase size is set at $2,000, making it accessible to a range of institutional and individual participants in the bond market. A key characteristic of this bond is its long-term maturity profile, with the principal due on August 15, 2052, offering investors a prolonged period of cash flow. Interest payments are scheduled with a frequency of two per year, indicating semi-annual disbursements to bondholders. The creditworthiness of Norfolk Southern Corporation, and by extension this bond, is affirmed by leading independent rating agencies. Standard & Poor's (S&P) has assigned a rating of BBB+, while Moody's provides a rating of Baa1. Both ratings fall squarely within the "investment grade" category, signifying that the bond is considered to have a moderate credit risk profile, with the issuer deemed capable of meeting its financial commitments. These ratings reflect Norfolk Southern's robust financial health, strategic market position, and consistent operational performance within the vital rail transportation industry. |