Burlington Northern Santa Fe plans to conduct offering of debentures

By Devika Patel

Knoxville, Tenn., April 6 – Burlington Northern Santa Fe, LLC is selling fixed-rate debentures, according to a 424B5 filing with the Securities and Exchange Commission.

The debentures feature a make-whole call and then a par call.

J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC are the bookrunners. Barclays, BofA Securities, Inc., Citigroup Global Markets Inc. and Goldman Sachs & Co. are the co-managers.

Proceeds will be used for general corporate purposes, including working capital, capital expenditures, debt repayment, and distributions.

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

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