Media Kit » Try RailPrime™ Today! »
Progressive Railroading
Newsletter Sign Up
Stay updated on news, articles and information for the rail industry



This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.




railPrime
View Current Digital Issue »


RAIL EMPLOYMENT & NOTICES



Rail News Home Financials

8/22/2007



Rail News: Financials

CSX renews line of credit, increases credit facility


advertisement


CSX Corp. recently renewed a line of credit and added $1.6 million to a credit facility.

The company will maintain a credit line with a group of 13 banks led by Citizens Trust Bank of Atlanta. In addition, CSX increased the credit facility from $16.9 million to $18.5 million.

The line of credit with the 13 banks “continues to benefit CSX by providing us with … sources of capital for business improvements,” said Executive Vice President and Chief Financial Officer Oscar Munoz in a prepared statement.


Contact Progressive Railroading editorial staff.

More News from 8/22/2007