PITTSBURGH, August 17, 2022 – Wabtec Company (NYSE: WAB) introduced at the moment that it signed an amended and restated credit score settlement that can enhance the scale of its current revolving credit score facility from $1.2 billion to $1.5 billion and added a $250 million delayed draw time period mortgage facility. The ability, beforehand attributable to expire in June 2023, now has a maturity date of August 2027. The phrases and provisions of the brand new facility are materially unchanged from the present credit score facility, topic to a pricing construction change revising the LIBOR-based pricing grid to a SOFR-based pricing grid, amongst different business-specific modifications.

PNC Financial institution, N.A. is performing as the executive agent. Citi Financial institution N.A, HSBC, JPMorgan Chase Financial institution N.A., and TD Financial institution N.A. are performing as co-syndication brokers. BNP Paribas, Credit score Agricole CIB, First Nationwide Financial institution, MUFG LTD, and US Financial institution N.A. are performing as co-documentation brokers.

About Wabtec Company

Wabtec Company (NYSE: WAB) is concentrated on creating transportation options that transfer and enhance the world. The corporate is a number one world supplier of kit, methods, digital options and value-added providers for the freight and transit rail industries, in addition to the mining, marine and industrial markets. Wabtec has been a pacesetter within the rail trade for over 150 years and has a imaginative and prescient to attain a zero-emission rail system within the U.S. and worldwide. Go to Wabtec’s web site at: www.WabtecCorp.com.