Burlington Northern Santa Fe, LLC’s $1.6 Billion Registered Notes Offering

Cravath represented Burlington Northern Santa Fe, LLC in connection with its $1.6 billion registered notes offering. Burlington Northern Santa Fe, LLC is a holding company engaged primarily in railroad transportation through its ownership of its principal operating subsidiary, BNSF Railway Company. Burlington Northern Santa Fe, LLC is owned by Berkshire Hathaway. The transaction closed on June 9, 2023.

The Cravath team included partner Andrew J. Pitts and associates Christina M. Drakeford and Kiyana A. Grimes on capital markets matters, partners Christopher K. Fargo and Andrew T. Davis and associates Joana W. Li and Clayton Hackney on tax matters, and partner Matthew Morreale on environmental matters. Summer associate E. Celeste Kearney also worked on capital markets matters.