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A&O Shearman advises on CSX Corporation’s USD550 million Notes offering
CSX is one of the nation’s leading transportation companies. CSX provides rail-based transportation services including traditional rail service, the transport of intermodal containers and trailers, as well as other transportation services such as rail-to-truck transfers and bulk commodity operations. The net proceeds from the sale of the notes will be used for general corporate purposes, which may include debt repayments, repurchases of CSX’s common stock, capital investment and working capital requirements.
The A&O Shearman team was led by partners Lona Nallengara and Erika Kent and associates Ilya Mamin, Danish Hyder and Nikolaos Chagias (all New York–Capital Markets).
Other A&O Shearman lawyers involved in the transaction included partners Jennifer Morton (New York–Financial Services Advisory & Financial Regulatory), Larry Crouch (Menlo Park–Tax) and Jason Pratt (New York–Environmental) and associates Taylor Pugliese, Joshua Kim (New York–Financial Services Advisory & Financial Regulatory), Nick Ognibene (Environmental–Boston) and Daniel Kachmar (New York–Tax).
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