JACKSONVILLE, Fla., Oct. 31, 2011 /PRNewswire via COMTEX/ --CSX Corporation (NYSE: CSX) announced today that it was required to purchase only $1,000 aggregate original principal amount at maturity of its Zero Coupon Convertible Debentures due October 30, 2021. CSX purchased each tendered debenture at its accreted value of $945.12 per $1,000 original principal amount at maturity. As a result, approximately $4.4 million aggregate principal amount at maturity of the debentures remain outstanding. CSX also announced that in accordance with the terms of the debentures, the yield to maturity on the debentures reset to 1.00% per year on October 30, 2011.About CSXCSX Corporation, based ... More...
