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NSC > SEC Filings for NSC > Form 8-K on 1-Jun-2009All Recent SEC Filings

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Form 8-K for NORFOLK SOUTHERN CORP


1-Jun-2009

Creation of a Direct Financial Obligation or an Obligation under an Off-Bal


Item 2.03. Creation of a Direct Financial Obligation of a Registrant

On June 1, 2009, the Registrant completed its offering of $500,000,000 aggregate principal amount of its 5.90% Senior Notes due 2019 (the "Notes") pursuant to an Underwriting Agreement (the "Agreement") between the Registrant and Banc of America Securities LLC, Goldman, Sachs & Co. and Wachovia Capital Markets, LLC, as representatives of several underwriters. The Notes were sold pursuant to the Registrant's Automatic Shelf Registration Statement on Form S-3 (File No. 333-158240). The Agreement is filed herewith as Exhibit 10.1.

The Notes were issued pursuant to an Indenture dated as of June 1, 2009 (the "Base Indenture") between the Registrant and U.S. Bank Trust National Association, as trustee, as supplemented by the First Supplemental Indenture dated as of June 1, 2009 (the "First Supplemental Indenture" and, together with the Base Indenture, the "Indenture"). The Notes will pay interest semiannually at a rate of 5.90% per annum and will be redeemable, in whole or in part, at the Registrant's option, at any time and from time to time, at a redemption price payable in cash equal to the greater of: (i) 100% of the principal amount of the Notes being redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon (exclusive of interest accrued to the date of redemption) discounted to the redemption date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a specified rate, plus in each case accrued and unpaid interest, if any, to, but not including, the redemption date. The Indenture contains negative covenants and events of default that are consistent with the provisions of the Registrant's existing indentures. The Base Indenture is filed herewith as Exhibit 4.1, the First Supplemental Indenture is filed herewith as Exhibit 4.2, and the description of the Indenture contained herein is qualified by reference thereto.



Item 9.01. Financial Statements and Exhibits

(d) Exhibits

The following exhibits are filled as part of this Current Report on Form 8-K:

Exhibit Number Description

4.1 Indenture, dated as of June 1, 2009
4.2 First Supplemental Indenture, dated as of June 1, 2009
10.1 Underwriting Agreement, dated as of June 1, 2009

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

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