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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 18, 1998
Union Pacific Corporation
(Exact Name of Registrant as Specified in its Charter)
Utah 1-6075 13-2626465
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
1717 Main Street, Suite 5900, Dallas, Texas 75201
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (214) 743-5600
N/A
Former Name or Former Address, if Changed Since Last Report
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Item 5. Other Events.
Attached as an Exhibit is the Press Release issued by Union Pacific
Corporation (the "Company") on March 18, 1998, which is incorporated herein by
reference.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
99 Press Release dated March 18, 1998 regarding the
Company's plan to privately place $1 billion of preferred
securities of a statutory business trust sponsored by the
Company, convertible into Common Stock of the Company, to
provide the Company financial flexibility in funding its
1998 capital improvement programs and restoring quality
service to its customers.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Union
Pacific Corporation has duly caused this Report to be signed on its behalf by
the undersigned hereunto duly authorized.
Dated: March 19, 1998
UNION PACIFIC CORPORATION
By: /s/ Joseph E. O'Connor, Jr.
---------------------------
Joseph E. O'Connor, Jr.
Vice President and Controller
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EXHIBIT INDEX
Exhibit Description
99 Press Release dated March 18, 1998 regarding the Company's plan
to privately place $1 billion of preferred securities of a
statutory business trust sponsored by the Company, convertible
into Common Stock of the Company, to provide the Company
financial flexibility in funding its 1998 capital improvement
programs and restoring quality service to its customers.
EXHIBIT 99
UNION PACIFIC ANNOUNCES CONVERTIBLE PREFERRED SECURITIES
Dallas, TX, March 18 -- Union Pacific Corporation (NYSE: UNP) announced today
that it plans to privately place $1 billion of preferred securities of a
statutory business trust sponsored by the Corporation, convertible into Common
Stock of the Corporation, to provide the Company financial flexibility in
funding its 1998 capital improvement programs and restoring quality service to
its customers.
The Convertible Preferred Securities to be offered by the Corporation
will not be registered under the Securities Act of 1933 as amended, and may not
be offered or sold in the United States absent registration with the Securities
and Exchange Commission or the availability of an applicable exemption from
such registration requirements.
The Corporation operates in the areas of rail transportation (Union
Pacific Railroad) and trucking (Overnite Transportation Company).
