Shearman & Sterling LLP multinational law firm headquartered in New York City, United States.

News Oct 19, 2016

Shearman & Sterling Advises on CSX Corporation’s $2.2 Billion Notes Offering

Shearman & Sterling represented the underwriters led by Citigroup Global Markets Inc., Credit Suisse Securities (USA) J.P. Morgan Securities and UBS Securities in connection with CSX Corporation’s public offering of $700 million of its 2.600% notes due 2026, $800 million of its 3.800% notes due 2046 and $700 million of its 4.250% notes due 2066.

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 to redeem certain series of CSX’s outstanding notes and for general corporate purposes.

The following Shearman & Sterling lawyers advised the underwriters in the transaction: partners Robert Evans III (New York-Capital Markets) and Larry Crouch (Menlo Park-Tax); counsel Jason Pratt (New York-Environmental); associates Paul Anderson (New York-Capital Markets) and Brian Hurd (New York-Corporate Group).