debt
confidence high
sentiment neutral
materiality 0.55
CSX issues $2.0B in notes across three tranches: 4.100% 2032, 4.500% 2052, 4.650% 2068
CSX CORP
- Issued $950M 4.100% Notes due 2032, $900M 4.500% Notes due 2052, $150M 4.650% Notes due 2068.
- Total new debt of $2.0B; 2068 Notes are additional issuance of an existing series.
- Offering made under shelf registration (S-3ASR) effective Feb 2022; prospectus supplement filed July 21, 2022.
- Proceeds expected to be used for general corporate purposes, including potential refinancing.