CSX $500 million notes offering
Davis Polk advised CSX Corporation on its SEC-registered offering of $500 million aggregate principal amount of 2.500% senior notes due 2051.
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. For nearly 190 years, CSX has played a critical role in the nation’s economic expansion and industrial development. 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 230 short-line and regional 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 Yoojin Nairn-Kim and Amanda Rae Schwarzenbart. The tax team included partner Po Sit and associate Liang Zhang. Counsel Betty Moy Huber and associate Michael Comstock provided environmental advice. Associate Brantley Hawkins provided Investment Company Act advice. All members of the Davis Polk team are based in the New York office.