Affiliate Credit Report Program
Fitch Rates CSX Corp.’s New Unsecured Notes ‘BBB’
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has assigned a ‘BBB’ rating to CSX Corp.’s (CSX) new $350 million 4.25% senior unsecured notes and $250 million 5.50% senior unsecured notes due June 2021 and April 2041, respectively. Proceeds from the offering are expected to be used for general corporate purposes. CSX’s Issuer Default Rating (IDR) is ‘BBB’. The Rating Outlook is Stable. Fitch recently …
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