Kansas City Southern (NYSE:KSU) Files An 8-K Entry into a Material Definitive AgreementItem 1.01
| • | certain events of bankruptcy or insolvency described in the Indenture with respect to the Company or any Note Guarantor; |
| • | any Note Guarantee ceases to be in full force and effect or any Note Guarantor or person acting on behalf of such Note Guarantor denies or disaffirms such Note Guarantor’s obligations under the Indenture or any Note Guarantee and such default continues for a period of 10 days after written notice by the Trustee or the holders of 25% or more in aggregate principal amount of the Notes; and |
| • | the Concession Title (as defined in the Indenture) ceases to grant to Kansas City Southern de México, S.A. de C.V. (“KCSM”) the rights provided therein as of May3, 2018 and such cessation results in a material adverse effect on the Company and its subsidiaries taken as a whole; (x)the Concession Title is for any reason terminated (other than as a result of the expiration or termination of the Concession Title in June 2047 to its terms) and not reinstated within 30 days or (y)the rights provided therein which were originally exclusive to KCSM become nonexclusive and the cessation of such exclusivity results in a material adverse effect on the Company and its subsidiaries taken as a whole; or the commandeering or repossession of the Northeast Rail Lines (as defined in the Indenture) for a period of 90 days or more. |
KANSAS CITY SOUTHERN ExhibitEX-1.1 2 d582963dex11.htm EX-1.1 EX-1.1 Exhibit 1.1 Execution Version KANSAS CITY SOUTHERN $500,…To view the full exhibit click here
About Kansas City Southern (NYSE:KSU)
Kansas City Southern (KCS) is a transportation holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with industrial cities in Mexico. The Company controls and owns The Kansas City Southern Railway Company (KCSR), a United States Class I railroad that serves a 10-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri and several key ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas. The Company controls and owns Kansas City Southern de Mexico, S.A. de C.V. (KCSM), which serves Mexico’s principal industrial cities and three of its seaports. KCSM has the right to control and operate the southern half of the rail bridge at Laredo, Texas, which spans the Rio Grande River between the United States and Mexico.
