06.05.2014 16:12:00
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Union Pacific Corporation -- Moody's assigns Aa2 rating to Union Pacific's Pass Through Certificates, Series 2014-1
New York, May 06, 2014 -- Moody's Investors Service ("Moody's") has assigned an Aa2 rating to the $351 million Pass Through Certificates, Series 2014-1 (the "Certificates") that Union Pacific Railroad Company ("UPRR") plans to issue through the Union Pacific Railroad Company 2014-1 Pass Through Trust. Moody's has also affirmed the A3 senior unsecured rating of Union Pacific Corporation, of which UPRR is an indirect wholly owned subsidiary, and all other ratings of Union Pacific Corporation. The rating outlook is stable.