CSX $550 million senior notes offering
We advised CSX on the investment-grade debt offering
Davis Polk advised CSX Corporation on its SEC-registered offering of $550 million aggregate principal amount of 4.900% senior notes due 2055.
CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural and consumer products. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike.
The Davis Polk corporate team included partner Shane Tintle and associates Sarah Greene, Benjamin Guillon and Tomisin Ogunsanya. The tax team included partners Lucy W. Farr and Patrick E. Sigmon and associate Jeff Metzger. Counsel David A. Zilberberg provided environmental advice. Counsel Sarah E. Kim and associate Victoria Glass provided Investment Company Act advice. All members of the Davis Polk team are based in the New York office.