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News Apr 29, 2015

Shearman & Sterling Advises on CSX Corporation’s $600 Million Notes Offering

Shearman & Sterling represented the underwriters led by Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC and UBS Securities LLC in connection with CSX Corporation’s public offering of $600 million aggregate principal amount of its 3.950% Notes due 2050. CSX Corporation is a leading provider of traditional rail services and transportation for intermodal containers and trailers. The proceeds of the offering will be used for general corporate purposes.

The following Shearman & Sterling lawyers advised the underwriters in the transaction: partners Robert Evans (New York-Capital Markets) and Larry Crouch (Menlo Park-Tax); of counsel Joel Klaperman (New York-Capital Markets); counsel Jason Pratt (New York-Environmental); and associates Jesse Cuevas (New York-Capital Markets), Laura Mulry (New York-Environmental), Alice Townes (San Francisco-Tax), Andrew Vinci (New York-Capital Markets) and Daniel Yao (New York-Corporate).