Wabtec Corporation announced that it has priced a public offering of $500 million aggregate principal amount of 5.611% Senior Notes due 2034 (the ?Notes?). The Notes will be guaranteed by each of Wabtec?s current and future subsidiaries that guarantee its indebtedness under its credit agreements or any other debt of Wabtec or any other guarantor. The Notes will pay interest semi-annually in arrears.

The Notes will mature on March 11, 2034, unless earlier redeemed or repurchased. Wabtec intends to use the net proceeds from the offering, together with cash on hand and/or borrowings under a new credit agreement expected to be entered into by Wabtec concurrently with the closing of the sale of the Notes (the ?2024 Credit Agreement?), to repay all of its outstanding 4.15% Senior Notes due 2024 at maturity (the ?2024 Notes?), which is scheduled to occur on March 15, 2024. The sale of the Notes is expected, subject to customary closing conditions, to close on March 11, 2024.

The sale of the Notes is not conditioned upon the entry into or funding of the 2024 Credit Agreement. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC and TD Securities (USA) LLC are acting as joint book-running managers for the offering.