Bond Norfolk Southern Railways 2.3% ( US655844CK21 ) in USD

Issuer	Norfolk Southern Railways
Market price	90.218 % ▼
Country	United States
ISIN code	US655844CK21 ( in USD )
Interest rate	2.3% per year ( payment 2 times a year)
Maturity	15/05/2031
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Minimal amount	2 000 USD
Total amount	500 000 000 USD
Cusip	655844CK2
Standard & Poor's ( S&P ) rating	BBB+ ( Lower medium grade - Investment-grade )
Moody's rating	Baa1 ( Lower medium grade - Investment-grade )
Next Coupon	15/05/2026 ( In 97 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 Corp. issued a USD 500,000,000 bond (CUSIP: 655844CK2, ISIN: US655844CK21) maturing on May 15, 2031, currently trading at 85.305% of par value with a 2.3% coupon rate, paying semi-annually, and rated BBB+ by S&P and Baa1 by Moody's, with a minimum purchase amount of 2,000 bonds.