Burlington Northern Santa Fe LLC (BNSF), founded in 1996 and headquartered in Fort Worth, Texas, is one of the largest freight railroad networks in North America. The company operates a 32,500-mile rail network that connects the western and eastern United States, providing vital transportation services for various industries, including agricultural, automotive, and industrial products.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
BNSF has a history of bond issuances dating back to its formation, with one of its notable bond issues being a $1 billion offering in 2018 which was used to finance capital expenditures. As of 2023, BNSF’s bonds exhibit competitive yields compared to industry averages, reflecting strong credit quality and investor confidence. The company's bonds are often rated investment grade, and recent issuances have included green bonds aimed at sustainability initiatives, showcasing BNSF’s commitment to environmental responsibility while providing unique investment opportunities.