Summary
CSX Corporation filed an 8-K report on October 20, 2015, to disclose the entry into a material definitive agreement related to a public offering of debt. Specifically, the company entered into an Underwriting Agreement for the issuance of $600 million in 3.350% Notes due 2025. This offering was conducted under a previously effective registration statement and involved established underwriters.
Key Highlights
- 1CSX Corporation entered into an Underwriting Agreement on October 15, 2015.
- 2The agreement is for a public offering of $600,000,000 aggregate principal amount of 3.350% Notes due 2025.
- 3The Notes were issued pursuant to an existing indenture and an Action of Authorized Pricing Officers.
- 4The offering is registered under the Securities Act of 1933.
- 5A prospectus supplement related to the offering was filed on October 16, 2015.
- 6Key underwriters include Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC.