Burlington Northern offers fixed-rate debentures via four bookrunners

By Devika Patel

Knoxville, Tenn., May 31 – 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.

BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are the bookrunners.

Bank of New York Mellon Trust Co., NA is the trustee.

Counsel to the issuer is provided by Cravath, Swaine & Moore LLP and to the underwriters by Baker Botts LLP.

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.

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