31.10.2016 15:31:00

Westinghouse Air Brake Technologies Corp. -- Moody's assigns Baa3 rating to Wabtec's new senior unsecured notes

New York, October 31, 2016 -- Moody's Investors Service ("Moody's") assigned a Baa3 rating to the new senior unsecured notes due 2026 that Westinghouse Air Brake Technologies Corporation ("Wabtec") plans to issue to help fund the $1.7 billion acquisition of Faiveley Transport S.A. ("Faiveley"). The ratings outlook is stable.

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