IFLR1000

CSX $2.2 billion notes issue

19/10/2016
Investment grade bond/note issue
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$ 2.2 billion

Completed

19/10/2016

Overview:

  • Transportation company CSX has issued $2.2 billion in notes.
  • Florida-based CSX provides rail transportation over approximately 21,000 route miles.
  • $700 million of the notes are due in 2026, $800 million are due in 2046, and $700 million are due in 2066. 
  • The underwriters were led by Citigroup Global Markets, Credit Suisse Securities, JPMorgan Securities, and UBS Securities.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Transport

Firms:
Davis Polk & Wardwell

Party: CSX (Issuer)

Lawyer: Richard Truesdell Jr

Shearman & Sterling

Party: Citibank Global Markets (Underwriter)

Party: Credit Suisse Securities (Underwriter)

Party: JPMorgan Securities (Underwriter)

Party: UBS Securities (Underwriter)

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