June 24, 2018 9:00 AM ET


Company Overview of Wabtec Corporation

Company Overview

Wabtec Corporation manufactures and supplies technology-based products and components for freight and passenger rail, transit, power generation, off-highway equipment, and industrial markets globally. It offers brake subsystems and related products for locomotives, freight cars, and passenger transit vehicles; electronic train-control equipment; switcher, low-horsepower, commuter, and other locomotives; coupling, door control, and air conditioning systems for transit vehicles; heat-exchange equipment for rail, marine, power generation, off-highway, and industrial applications; and pneumatic, hydraulic, and electro-pneumatic brake equipment, car couplers, and current collectors. The company a...

1001 Air Brake Avenue

Wilmerding, PA 15148

United States

Founded in 1999





Key Executives for Wabtec Corporation

Chief Executive Officer, President and Director
Age: 61
Executive Chairman
Age: 66
Chief Financial Officer and Senior Vice President
Age: 51
Senior Vice President and Group Executive
Age: 60
Managing Director of CoFren SRL
Compensation as of Fiscal Year 2017.

Wabtec Corporation Key Developments

Wabtec Corporation Enters into New Financing Arrangements in Connection with its Pending Merger with GE Transportation

Wabtec Corporation announced that it has entered into new financing arrangements in connection with its pending merger with GE Transportation. The new arrangements include syndication of a $2.5 billion senior unsecured bridge commitment and $400 million senior unsecured delayed draw term loan to fund the cash portion of the merger. The new arrangements provide that the bridge commitment will be reduced by any alternative financing that Wabtec arranges prior to closing, which may include additional loans or long-term notes. In addition, the company refinanced an existing revolving credit facility with a $1.2 billion senior unsecured revolver with a five-year term, and refinanced an existing $350 million senior unsecured term loan with a three-year term loan.

GE Transportation, Wabtec Corporation - M&A Call

To discuss the transaction between Wabtec Corporation and GE Transportation

Wabtec Corporation Presents at Conference Board’s 18th Annual Employee Health Care Conference, Mar-08-2018 09:40 AM

Wabtec Corporation Presents at Conference Board’s 18th Annual Employee Health Care Conference, Mar-08-2018 09:40 AM. Venue: New York Marriott Marquis, 1535 Broadway, New York, United States. Speakers: Amy B. Cox, Director, Corporate Benefits.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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