CSX Corporation Announces Notice of Purchase Option and Rate Reset for Convertible De

Mr. RSS Oct 6, 2011

  1. Mr. RSS

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    JACKSONVILLE, Fla., Sept. 23, 2011 /PRNewswire via COMTEX/ --CSX Corporation (NYSE: CSX) today announced that it has notified holders of its Zero Coupon Convertible Debentures Due October 30, 2021 of the company's obligation to purchase any of the debentures for $945.12 per $1,000 original principal amount at maturity of the debentures for which a purchase notice is properly delivered to the company before 12 midnight, Eastern time, Oct. 24, 2011 and not withdrawn before 5 p.m., Eastern time, Oct. 27, 2011. If the debentures are required to be purchased by CSX, they will be purchased for cash, paid promptly following the later of Oct. 30, 2011, or the book-entry transfer of the debentures t...

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