(NS issued the following news release on September 15.)
NORFOLK, Va. — Norfolk Southern Corporation announced today the expiration of its offer to exchange new unsecured 5.257% Notes due 2014 (CUSIP No. 665844 AU 2) and cash for up to $400 million of its outstanding 7.350% Notes due 2007. The exchange offer expired at 5 p.m., New York City time, on September 14, 2004.
As of the expiration date, approximately $484.2 million aggregate principal amount of outstanding notes had been validly tendered and not withdrawn, of which Norfolk Southern will accept $400 million aggregate principal amount on a pro rata basis.
Questions concerning the terms of the exchange offer may be directed to the dealer manager, Merrill Lynch & Co., toll-free at (888) 654-8637 or by collect call at (212) 449-4914. Copies of the Prospectus may be obtained by calling the information agent, Global Bondholder Services Corporation, toll- free at (866) 470-3800 or at (212) 430-3774 (banks and brokerage firms).
Norfolk Southern Corporation is one of the nation’s premier transportation companies. Its Norfolk Southern Railway Company subsidiary operates 21,500 route miles in 22 states, the District of Columbia and Ontario, Canada, serving every major container port in the eastern United States and providing superior connections to western rail carriers. Norfolk Southern operates an extensive intermodal network and is the nation’s largest rail carrier of automotive parts and finished vehicles.