0001193125-14-082387.txt : 20140304 0001193125-14-082387.hdr.sgml : 20140304 20140304163759 ACCESSION NUMBER: 0001193125-14-082387 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140304 DATE AS OF CHANGE: 20140304 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BURLINGTON NORTHERN SANTA FE, LLC CENTRAL INDEX KEY: 0000934612 STANDARD INDUSTRIAL CLASSIFICATION: RAILROADS, LINE-HAUL OPERATING [4011] IRS NUMBER: 271754839 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-188502 FILM NUMBER: 14665381 BUSINESS ADDRESS: STREET 1: 2650 LOU MENK DR CITY: FT WORTH STATE: TX ZIP: 76131-2830 BUSINESS PHONE: 8007952673 MAIL ADDRESS: STREET 1: 2650 LOU MENK DRIVE CITY: FORT WORTH STATE: TX ZIP: 76131-2830 FORMER COMPANY: FORMER CONFORMED NAME: BURLINGTON NORTHERN SANTA FE CORP DATE OF NAME CHANGE: 19951122 FORMER COMPANY: FORMER CONFORMED NAME: BURLINGTON NORTHERN SANTE FE CORP DATE OF NAME CHANGE: 19950913 FORMER COMPANY: FORMER CONFORMED NAME: BNSF CORP DATE OF NAME CHANGE: 19941223 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BURLINGTON NORTHERN SANTA FE, LLC CENTRAL INDEX KEY: 0000934612 STANDARD INDUSTRIAL CLASSIFICATION: RAILROADS, LINE-HAUL OPERATING [4011] IRS NUMBER: 271754839 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 2650 LOU MENK DR CITY: FT WORTH STATE: TX ZIP: 76131-2830 BUSINESS PHONE: 8007952673 MAIL ADDRESS: STREET 1: 2650 LOU MENK DRIVE CITY: FORT WORTH STATE: TX ZIP: 76131-2830 FORMER COMPANY: FORMER CONFORMED NAME: BURLINGTON NORTHERN SANTA FE CORP DATE OF NAME CHANGE: 19951122 FORMER COMPANY: FORMER CONFORMED NAME: BURLINGTON NORTHERN SANTE FE CORP DATE OF NAME CHANGE: 19950913 FORMER COMPANY: FORMER CONFORMED NAME: BNSF CORP DATE OF NAME CHANGE: 19941223 FWP 1 d681175dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration No. 333-188502

March 4, 2014

Burlington Northern Santa Fe, LLC

$500,000,000 3.750% Debentures due 2024

$1,000,000,000 4.900% Debentures due 2044

Final Term Sheet

 

Issuer:    Burlington Northern Santa Fe, LLC
Ratings (Moody’s / S&P)*:            A3 (stable) / BBB+ (stable)
Note Type:    Senior Unsecured Debentures
Offering Format:    SEC Registered
Trade Date:    March 4, 2014
Settlement Date:    March 7, 2014 (T+3)
Maturity Date:    2024 Debentures – April 1, 2024
   2044 Debentures – April 1, 2044
Final Terms   
Principal Amount:    $500,000,000 aggregate principal amount of the 3.750% Debentures due 2024 (“2024 Debentures”) and $1,000,000,000 aggregate principal amount of the 4.900% Debentures due 2044 (“2044 Debentures”)
Benchmark Treasury:    2024 Debentures – UST 2.75% due February 15, 2024
   2044 Debentures – UST 3.75% due November 15, 2043
Benchmark Treasury Yield:   

2024 Debentures – 2.689%

2044 Debentures – 3.633%

Re-offer Spread:    2024 Debentures – T + 110 bps
   2044 Debentures – T + 128 bps
Re-offer Yield:    2024 Debentures – 3.789%
   2044 Debentures – 4.913%
Coupon:    2024 Debentures – 3.750%
   2044 Debentures – 4.900%
Price to Public:    2024 Debentures – 99.673%
   2044 Debentures – 99.792%
Coupon Dates:    2024 Debentures – April 1 and October 1
   2044 Debentures – April 1 and October 1

 

1

First Coupon Date:    2024 Debentures – October 1, 2014
   2044 Debentures – October 1, 2014
Make Whole Call:    2024 Debentures – T + 15 bps (at any time before January 1, 2024)
   2044 Debentures – T + 20 bps (at any time before October 1, 2043)
Par Call:    2024 Debentures – At any time on or after January 1, 2024
   2044 Debentures – At any time on or after October 1, 2043
Day Count Convention:    30/360
Denominations:    $2,000 x $1,000
CUSIP / ISIN:    2024 Debentures – 12189L AR2 / US12189LAR24
   2044 Debentures – 12189L AS0 / US12189LAS07
Joint Book-Running Managers:   

J.P. Morgan Securities LLC

Morgan Stanley & Co. LLC

Wells Fargo Securities, LLC

Co-Managers:    PNC Capital Markets LLC
   The Williams Capital Group, L.P.

* 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 (212) 834-4533 or calling Morgan Stanley & Co. LLC at (866) 718-1649 or calling or emailing Wells Fargo Securities, LLC at (800) 326-5897 or cmclientsupport@wellsfargo.com.