Burlington Northern Santa Fe, LLC’s Registered Notes Offering

Cravath represented Burlington Northern Santa Fe, LLC in connection with its $900 million 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 6, 2025.

The Cravath team included partner Andrew J. Pitts and associate E. Celeste Kearney on capital markets matters; partner Christopher K. Fargo and associate Josh Banafsheha on tax matters; and partner Matthew Morreale and associate Star S. Gulant on environmental matters.