Burlington Northern offering debentures in 10-, 30-year tranches

By Aleesia Forni

Virginia Beach, Va., Aug. 13 - Burlington Northern Santa Fe, LLC is planning to price a two-tranche offering of debentures, according to a filing with the Securities and Exchange Commission.

The notes will be sold in 10- and 30-year tranches.

BofA Merrill Lynch, Citigroup Global Markets Inc. and Goldman Sachs & Co. are the joint bookrunners.

Proceeds will be used for general corporate purposes.

The holding company for railroad transportation subsidiaries is based in Fort Worth, Texas.

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