BNSF Railway Co. 2015-1 Pass Through Trust is a special purpose vehicle established to facilitate the financing of BNSF Railway's operations, headquartered in Fort Worth, Texas. The trust primarily issues bonds to fund the purchase of rail cars and locomotives, enabling BNSF to maintain its extensive transportation network across North America.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BNSF 3.44% 2028-06-16 USDBNSF Railway Co. 2015-1 Pass Through Trust | United States | 2028-06-16 | 3.442 | 4.74 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, BNSF Railway has been active in the bond market, with significant issuances dating back to the early 2000s when it first began utilizing pass-through trusts to optimize capital structure. Notably, the 2015-1 issuance attracted considerable attention with competitive yields, positioning it favorably within the transportation sector. Investors have been particularly drawn to its bond features, such as enhanced security measures linked to rail assets, ensuring robust backing amid market fluctuations.