Kansas City Southern de Mexico prices $275 million of 2.35% notes, $450 million of 3% notes

By Jennifer Chiou

New York, April 24 - Kansas City Southern subsidiary Kansas City Southern de Mexico, SA de CV announced the pricing of $275 million of 2.35% senior notes due 2020 and $450 million of 3% senior notes due 2023 in a private offering.

Settlement is expected on May 3.

Proceeds are earmarked for the company's tender offers for its $300 million of 8% senior notes due 2018, $185 million of 6 5/8% senior notes due 2020 and $200 million of 6 1/8% senior notes due 2021.

The tender offers began on April 10 and will expire at midnight ET on May 7.

Kansas City Southern is a railroad company based in Kansas City, Mo.

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