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Wabtec completes €500 million Green Bonds offering

June 2021

Client(s) Wabtec Corporation

Jones Day represented Westinghouse Air Brake Technologies Corp., one of the world’s largest providers of value-added, technology-based equipment, systems and services for the global transit and freight rail industries, in connection with the SEC-registered offering by Wabtec Transportation Netherlands B.V., its wholly-owned subsidiary, of €500 million aggregate principal amount of 1.250% Senior Notes due 2027.

Wabtec intends to allocate an amount equal to the net proceeds from the offering to one or more Eligible Green Projects pursuant to its Green Finance Framework. The Green Bonds have been approved for admission to the Official List of the Irish Stock Exchange plc (Euronext Dublin) and will be traded on its Global Exchange Market.

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