---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-23-003669"
form_type: "8-K"
ticker: "CSX"
cik: "0000277948"
company_name: "CSX CORP"
filed_at: "2023-03-03T23:59:59+00:00"
generated_at: "2026-06-18T13:42:10.686059+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# CSX enters into new $1.2B five-year revolving credit facility, replaces prior facility

## Summary
- New $1.2B five-year senior unsecured revolving credit agreement entered Feb 28, 2023.
- Prior $1.2B credit agreement terminated same day; no borrowings outstanding under either.
- JPMorgan Chase Bank as administrative agent; syndication agents include Bank of America, Barclays, etc.
- Facility includes customary representations, warranties, and financial covenant (debt-to-total capitalization ≤ 65%).
- No borrowings outstanding under new facility as of March 3, 2023 filing date.

## SEC filing metadata
- accession: 0000950103-23-003669
- form_type: 8-K
- ticker: CSX
- cik: 0000277948
- company_name: CSX CORP
- filed_at: 2023-03-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/277948/000095010323003669/0000950103-23-003669-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/277948/000095010323003669/dp190172_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-23-003669
- JSON: https://secwatch.observer/filing/0000950103-23-003669.json
- Plain text: https://secwatch.observer/filing/0000950103-23-003669.txt

## Key facts
- Material Agreements
  CSX CORP terminated Prior Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and the lenders party thereto valued at $1.2 billion (effective 2023-02-28).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent and the lenders party thereto
  - Value: $1.2 billion
  - Effective: 2023-02-28
  source text: Effective February 28, 2023, CSX terminated its $1.2 billion senior unsecured revolving credit agreement, dated as of March 29, 2019, among CSX as borrower, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, as amended (the “Prior Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/277948/000095010323003669/0000950103-23-003669-index.htm
- Material Agreements
  CSX CORP entered into Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and the lenders party thereto valued at $1.2 billion (effective 2023-02-28).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent and the lenders party thereto
  - Value: $1.2 billion
  - Effective: 2023-02-28
  source text: On February 28, 2023, CSX Corporation (“CSX”) entered into a new $1.2 billion five-year senior unsecured revolving credit agreement (the “Credit Agreement”) by and among CSX, as borrower, the lenders party thereto (the “Lenders”), and JPMorgan Chase Bank, N.A., as administrative agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/277948/000095010323003669/0000950103-23-003669-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.