-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Al14ymJjD7C4ccpMhd/EXMNjHqiv08k9UCxzIS6Ar9rsP5sruoKw1+0Y8GISiF2I DsnO4RmRGRXSfvqHWdsC2A== 0001193125-10-231066.txt : 20101018 0001193125-10-231066.hdr.sgml : 20101018 20101018172946 ACCESSION NUMBER: 0001193125-10-231066 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20101018 DATE AS OF CHANGE: 20101018 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CSX CORP CENTRAL INDEX KEY: 0000277948 STANDARD INDUSTRIAL CLASSIFICATION: RAILROADS, LINE-HAUL OPERATING [4011] IRS NUMBER: 621051971 STATE OF INCORPORATION: VA FISCAL YEAR END: 1226 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-164978 FILM NUMBER: 101128688 BUSINESS ADDRESS: STREET 1: 500 WATER STREET STREET 2: 15TH FLOOR CITY: JACKSONVILLE STATE: FL ZIP: 32202 BUSINESS PHONE: 9043593200 MAIL ADDRESS: STREET 1: 500 WATER STREET STREET 2: 15TH FLOOR CITY: JACKSONVILLE STATE: FL ZIP: 32202 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CSX CORP CENTRAL INDEX KEY: 0000277948 STANDARD INDUSTRIAL CLASSIFICATION: RAILROADS, LINE-HAUL OPERATING [4011] IRS NUMBER: 621051971 STATE OF INCORPORATION: VA FISCAL YEAR END: 1226 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 500 WATER STREET STREET 2: 15TH FLOOR CITY: JACKSONVILLE STATE: FL ZIP: 32202 BUSINESS PHONE: 9043593200 MAIL ADDRESS: STREET 1: 500 WATER STREET STREET 2: 15TH FLOOR CITY: JACKSONVILLE STATE: FL ZIP: 32202 FWP 1 dfwp.htm FWP FWP

Final Term Sheet

Dated October 18, 2010

Filed Pursuant to Rule 433

Registration Statement No. 333-164978

CSX CORPORATION

PRICING TERM SHEETS

 

   

3.700% Notes due 2020

Issuer:

   CSX Corporation

Security:

   3.700% Notes due 2020

Size:

   $500,000,000

Maturity Date:

   October 30, 2020

Coupon:

   3.700%

Interest Payment Dates:

   April 30 and October 30, commencing April 30, 2011

Price to Public:

   99.949%

Benchmark Treasury:

   2.625% due August, 2020

Benchmark Treasury Yield:

   2.506%

Spread to Benchmark Treasury:

   +120 bps

Yield:

   3.706%

Make-Whole Call:

   T +20 bps

Par Call:

   Within three months prior to the maturity date

Expected Settlement Date:

   October 21, 2010

CUSIP:

   126408 GT4

Anticipated Ratings:

  

Baa3 (Stable) by Moody’s Investors Service, Inc.

 

BBB- (Positive) by Standard & Poor’s Rating Services

 

BBB- (Positive) by Fitch Ratings Ltd.

Joint Book-Running Managers:

  

J.P. Morgan Securities LLC

 

Morgan Stanley & Co. Incorporated

Lead Co-Manager:

   Credit Suisse Securities (USA) LLC

Senior Co-Managers:

  

Barclays Capital Inc.

 

Citigroup Global Markets Inc.

 

Deutsche Bank Securities Inc.

 

UBS Securities LLC

Co-Managers:

  

Mitsubishi UFJ Securities (USA), Inc.

 

Mizuho Securities USA Inc.

 

Scotia Capital (USA) Inc.

Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.

You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling J.P. Morgan Securities LLC collect at 1-212-834-4533, Morgan Stanley & Co. Incorporated toll free at 1-866-718-1649 or Credit Suisse Securities (USA) LLC toll free at 1-800-221-1037.

 

   

5.500% Notes due 2041

Issuer:

   CSX Corporation

Security:

   5.500% Notes due 2041

Size:

   $300,000,000

Maturity Date:

   April 15, 2041

Coupon:

   5.500%

Interest Payment Dates:

   April 15 and October 15, commencing April 15, 2011

Price to Public:

   98.951%

Benchmark Treasury:

   4.375% due May, 2040

Benchmark Treasury Yield:

   3.947%

Spread to Benchmark Treasury:

   +162.5 bps

Yield:

   5.572%

Make-Whole Call:

   T +25 bps

Par Call:

   Within six months prior to the maturity date

Expected Settlement Date:

   October 21, 2010

CUSIP:

   126408 GU1

Anticipated Ratings:

  

Baa3 (Stable) by Moody’s Investors Service, Inc.

 

BBB- (Positive) by Standard & Poor’s Rating Services

 

BBB- (Positive) by Fitch Ratings Ltd.

Joint Book-Running Managers:

  

J.P. Morgan Securities LLC

Morgan Stanley & Co. Incorporated

Lead Co-Manager:

   Credit Suisse Securities (USA) LLC

Senior Co-Managers:

  

Barclays Capital Inc.

 

Citigroup Global Markets Inc.

 

Deutsche Bank Securities Inc.

 

UBS Securities LLC

Co-Managers:

  

Mitsubishi UFJ Securities (USA), Inc.

 

Mizuho Securities USA Inc.

 

Scotia Capital (USA) Inc.

Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering.

You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling J.P. Morgan Securities LLC collect at 1-212-834-4533, Morgan Stanley & Co. Incorporated toll free at 1-866-718-1649 or Credit Suisse Securities (USA) LLC toll free at 1-800-221-1037.

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