Debt securities

Union Pacific Corporation announces offers to exchange certain outstanding debt for new banknotes and cash – STL.news

Union Pacific Corporation announces offers to exchange some of its outstanding debt for new notes and cash

Omaha, NE (STL.News) Union Pacific Corporation (NYSE: UNP; and “Union Pacific” or the “Company”) on Monday announced the start of private offers to exchange some of its outstanding notes and debentures, as reported in the table below for a combination of New Notes due 2062 (the “New Notes”) and cash (the “Exchange Offers”). The outstanding Notes and Debentures to be exchanged under the Exchange Offers are collectively referred to as the “Existing Notes”.

Exchange Offers are conducted on the terms and subject to the conditions set out in an offering memorandum dated August 17, 2020 (the “Offering Memorandum”) and related Letter of Transmittal. Exchange Offers are made, and copies of the Offer Documents will only be made available, to an Existing Noteholder who has certified their status (1) as a “Qualified Institutional Buyer” as defined in the Rule 144A of the Securities Act. of 1933 (the “Securities Act”) or (2) a person who is not a “US person” as defined by Regulation S under the Securities Act (each, a “Qualifying Holder”).


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