CSX $300 million senior notes reopening
We advised CSX on the investment-grade debt offering
Davis Polk advised CSX Corporation on its SEC-registered offering of $300 million aggregate principal amount of 5.050% senior notes due 2035, which will form a single series with the $600 million aggregate principal amount of 5.050% senior notes due 2035 issued by CSX on March 10, 2025.
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 Robert Van de Mark and Ryan Grawe. The tax team included partner Lucy W. Farr and associate Hunter P. Shaw. Counsel Sarah E. Kim and associate Rosina Curren provided 1940 Act advice. All members of the Davis Polk team are based in the New York office.