CSX Corporation’s $1.2 Billion Credit Agreement With JPMorgan

Simpson Thacher represented JPMorgan Chase Bank, N.A. as Sole Lead Arranger and Bookrunner in connection with CSX Corporation’s new $1.2 billion five-year senior unsecured revolving credit agreement (the “Credit Agreement”).

The Credit Agreement replaces CSX Corporation’s prior $1 billion senior unsecured revolving credit agreement.

CSX Corporation is a leading supplier of rail-based freight transportation in North America. The company was established in 1980 as part of the Chessie System and Seaboard Coast Line Industries merger.

J.P. Morgan Chase & Co. is an American multinational investment bank and financial services company headquartered in New York City.

The Simpson Thacher team included Patrick Ryan (Picture) and Christine Marshall (Banking and Credit); Nancy Mehlman and Andrew Purcell (Tax); and Andrew Blau (ECEB).

Involved fees earner: Andrew Blau – Simpson Thacher & Bartlett; Christine Marshall – Simpson Thacher & Bartlett; Nancy Mehlman – Simpson Thacher & Bartlett; Andrew Purcell – Simpson Thacher & Bartlett; Patrick Ryan – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: JPMorgan Chase & Co.;

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Author: Ambrogio Visconti