Union Pacific

$3,000,000,000
Four-Tranche Offering of Senior Notes
Co-Manager

Transaction summary

BB&T Capital Markets served as a co-manager on a transaction for Union Pacific Corporation in the first quarter of 2019, helping to raise $3,000,000,000 for our client.

The Company intends to use the net proceeds from this offering for general corporate purposes, including the repurchase of common stock pursuant to the company’s share repurchase program.

About the company

Union Pacific Corporation (NYSE: UNP)

Union Pacific Corporation (“UNP” or the “Company”) engages in the railroad business in the United States. The Company operates through its principal operating company, Union Pacific Railroad Company (UPRR). Its business mix includes agricultural products, automotive, chemicals, coal, industrial products and intermodal. As of December 31, 2016, its network included 32,070 route miles, linking Pacific Coast and Gulf Coast ports with the Midwest and Eastern United States gateways. UNP serves the western two-thirds of the country and maintains coordinated schedules with other rail carriers for the handling of freight to and from the Atlantic Coast, the Pacific Coast, the Southeast, the Southwest, Canada and Mexico. Export and import traffic is moved through Gulf Coast and Pacific Coast ports and across the Mexican and Canadian borders.

Learn moreabout Union Pacific (opens in a new tab)

Logistics & Transportation

Our Logistics & Transportation Team provides comprehensive investment banking services across eight industry segments and is one of the most active advisors in the middle-market.

Since 2010, our Logistics & Transportation Team has closed more than 40 sell-side M&A transactions and 60 public debt and equity offerings.

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BB&T Capital Markets is a division of BB&T Securities, LLC, member FINRA(opens in a new tab) / SIPC(opens in a new tab), and a wholly owned nonbank subsidiary of Truist Financial Corporation. Securities or insurance products and annuities sold, offered or recommended are not a deposit, not FDIC insured, not guaranteed by a bank, not guaranteed by any federal government agency and may go down in value. Read all disclosures

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