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Kansas City SouthernAnnounces Pricing of Senior Notes

KANSAS CITY, Mo., May 11, 2016 (BUSINESS WIRE) -- Kansas City Southern (“KCS”) KSU, -2.45% today announced the pricing of $250.0 million in aggregate principal amount of its 3.125% Senior Notes due 2026 pursuant to KCS’s shelf registration statement filed with the Securities and Exchange Commission. The offering by KCS is expected to close on May 16, 2016. KCS intends to use the net proceeds from the offering for (i) the repayment at maturity of the outstanding principal amount of Kansas City Southern de México, S.A. de C.V.’s (“KCSM”) Floating Rate Senior Notes due 2016 and KCS’s Floating Rate Senior Notes due 2016 and (ii) general corporate purposes, including the repayment of outstanding commercial paper issued by KCS.

This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any security and shall not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Headquartered in Kansas City, Mo., KCS is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. KCS’s international holdings include KCSM, serving northeastern and central Mexico and the port cities of Làzaro Càrdenas, Tampico and Veracruz, and a 50 percent interest in the Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. KCS’s North American rail holdings and strategic alliances are primary components of a NAFTA Railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada.

This news release contains “forward-looking statements” within the meaning of the securities laws concerning potential future events involving KCS and its...


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