CSX » Topics » TENDERED CONVERTIBLE DEBENTURES

This excerpt taken from the CSX 8-K filed Oct 31, 2006.

TENDERED CONVERTIBLE DEBENTURES

JACKSONVILLE, Fla. – Oct. 31, 2006 – CSX Corporation (NYSE: CSX) announced today that it was required to purchase only $4,000.00 aggregate principal amount at maturity of its Zero Coupon Convertible Debentures due October 30, 2021. CSX purchased each tendered debenture at its accreted value of $861.03 per $1,000 principal amount at maturity (approximately $3,400.00 in the aggregate). As a result, approximately $548 million aggregate principal amount at maturity of the debentures remain outstanding.

CSX Corporation, based in Jacksonville, Fla., is a leading transportation company providing rail, intermodal and rail-to-truck transload services. The company’s transportation network spans approximately 21,000 miles with service to 23 eastern states and the District of Columbia, and connects to more than 70 ocean, river and lake ports. More information about CSX Corporation and its subsidiaries is available at the company’s website, www.csx.com.

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This excerpt taken from the CSX 8-K filed Oct 31, 2005.

TENDERED CONVERTIBLE DEBENTURES

 

JACKSONVILLE, Fla. – Oct. 31, 2005 – CSX Corporation (NYSE: CSX) announced today that it was required to purchase only $4,000.00 aggregate principal amount at maturity of its Zero Coupon Convertible Debentures due October 30, 2021. CSX purchased each tendered debenture at its accreted value of $852.48 per $1,000 principal amount at maturity (approximately $3,400.00 in the aggregate). As a result, approximately $548 million aggregate principal amount at maturity of the debentures remain outstanding.

 

CSX Corporation, based in Jacksonville, Fla., owns companies providing rail, intermodal and rail-to-truck transload services that are among the nation’s leading transportation companies, connecting more than 70 river, ocean and lake ports, as well as more than 200 short line railroads. Its principal operating company, CSX Transportation Inc., operates the largest railroad in the eastern United States with a 22,000-mile rail network linking commercial markets in 23 states, the District of Columbia, and two Canadian provinces. CSX Intermodal is a stand-alone integrated intermodal company, serving customers with its own truck and terminal operations plus a dedicated domestic container fleet. More information about CSX Corporation and its subsidiaries is available at the company’s website, www.csx.com.

 

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EXCERPTS ON THIS PAGE:

8-K
Oct 31, 2006
8-K
Oct 31, 2005
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