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Westinghouse Air Brake Technologies Corp is starting a program to borrow up to $2 billion with short-term notes.

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WAB opened a short-term borrowing option, and several related companies guarantee payment on any notes. It has issued none, so no new borrowing is reported today.

WAB · Westinghouse Air Brake Technologies Corp

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This gives WAB another way to raise short-term cash if it chooses. But it has issued no notes, and related companies would guarantee payments if it does. The filing adds a funding option without showing new debt today.

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