CSX 8-K 2006
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 4, 2006
(Exact name of registrant as specified in its charter)
Registrant’s telephone number, including area code: (904) 359-3200
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
ITEM 2.03. CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF THE REGISTRANT.
On May 4, 2006 the registrant, CSX Corporation ("CSX"), entered into a $1,250,000,000 5-year revolving credit facility with a syndicate of financial institutions and JPMorgan Chase Bank, N.A., as administrative agent. The facility replaced an existing $1,200,000,000 5-year revolving credit facility, which would have expired on May 12, 2009. CSX’s $400,000,000 364-day revolving credit facility expired on May 4, 2006.
CSX has no present plans to make any borrowings under the facility. The facility is designed for working capital and other general corporate purposes, including support of CSX's issuance of commercial paper.
The foregoing description of the facility is not complete and is qualified in its entirety by reference to the actual agreement, which is attached to this report as Exhibit 99.1 and is incorporated by reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.