Kansas City Southern prepares to price senior notes

By Cristal Cody

Eureka Springs, Ark., May 11 – Kansas City Southern plans to price an offering of senior notes, according to a 424B3 filing with the Securities and Exchange Commission on Wednesday.

BofA Merrill Lynch, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Citigroup Global Markets Inc. are the bookrunners.

The bonds are fully and unconditionally guaranteed by certain Kansas City Southern domestic subsidiaries.

Proceeds will be used to repay at maturity Kansas City Southern de Mexico, SA de CV’s outstanding floating-rate senior notes due 2016 and Kansas City Southern’s outstanding floating-rate notes due 2016 and for general corporate purposes.

The rail transportation holding company for Kansas City Southern Railway Co. is based in Kansas City, Mo.

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