Here are the 424B prospectus supplements from Wabtec Inc. (WAB) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow WAB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WAB filings page.
Westinghouse Air Brake Technologies Corporation (WAB) is offering $500 million aggregate principal amount of 5.900% Senior Notes due February 25, 2037. The notes bear interest at 5.900% per year, payable each February 25 and August 25 beginning February 25, 2027, and will be fully and unconditionally guaranteed, jointly and severally, on an unsecured basis by each current and future subsidiary that guarantees indebtedness under Wabtec’s Credit Agreements or other debt of Wabtec or a guarantor. Wabtec estimates net proceeds of approximately $493.8 million after the underwriting discount and estimated offering expenses.
Wabtec intends to use the net proceeds together with borrowings under revolving credit facilities, short-term facilities and/or commercial-paper proceeds to repay its outstanding 3.45% Senior Notes due 2026 at maturity on November 15, 2026. Wabtec had $750 million of 3.45% Senior Notes due 2026 as of September 30, 2026. The new notes rank equally in right of payment with existing and future unsecured, unsubordinated indebtedness, are effectively subordinated to secured debt to the extent of the assets securing it, and are structurally subordinated to liabilities of non-guarantor subsidiaries. They will not be listed on an exchange, and no established trading market exists.
Westinghouse Air Brake Technologies Corporation is conducting a preliminary offering of senior unsecured notes due 2037, guaranteed by current and future subsidiaries that guarantee specified company debt. The notes rank equally with existing and future unsecured, unsubordinated debt, are effectively subordinated to secured debt to the extent of collateral, and structurally subordinated to liabilities of non-guarantor subsidiaries. The company intends to use net proceeds, together with revolving or short-term borrowings and/or commercial paper proceeds, to repay its 3.45% Senior Notes due 2026 at maturity on November 15, 2026.
As of September 30, 2026, total debt was $6.379 billion, including $750 million in the 3.45% notes. Non-guarantor subsidiaries had approximately $3.936 billion of liabilities and owned approximately 81% of consolidated assets as of that date. For the nine months ended September 30, 2026, net sales were $9.249 billion versus $8.202 billion, net income attributable to Wabtec shareholders was $1.166 billion versus $968 million, and cash provided by operating activities was $1.095 billion versus $767 million.