# EDGAR Filing Document

**Accession Number:** 0000934612
**File Stem:** 0001193125-25-133380
**Filing Date:** 2025-6
**Character Count:** 5715
**Document Hash:** af8be599b9e827abb31ab2c554701720
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-133380.hdr.sgml**: 20250602

**ACCESSION NUMBER**: 0001193125-25-133380

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250602

**DATE AS OF CHANGE**: 20250602

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BURLINGTON NORTHERN SANTA FE, LLC
- **CENTRAL INDEX KEY:** 0000934612
- **STANDARD INDUSTRIAL CLASSIFICATION:** RAILROADS, LINE-HAUL OPERATING [4011]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 271754839
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-286971
- **FILM NUMBER:** 251015759

**BUSINESS ADDRESS:**
- **STREET 1:** 2650 LOU MENK DR
- **CITY:** FT WORTH
- **STATE:** TX
- **ZIP:** 76131-2830
- **BUSINESS PHONE:** 8007952673

**MAIL ADDRESS:**
- **STREET 1:** 2650 LOU MENK DRIVE
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76131-2830

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BURLINGTON NORTHERN SANTA FE CORP
- **DATE OF NAME CHANGE:** 19951122

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BURLINGTON NORTHERN SANTE FE CORP
- **DATE OF NAME CHANGE:** 19950913

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BNSF CORP
- **DATE OF NAME CHANGE:** 19941223
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BURLINGTON NORTHERN SANTA FE, LLC
- **CENTRAL INDEX KEY:** 0000934612
- **STANDARD INDUSTRIAL CLASSIFICATION:** RAILROADS, LINE-HAUL OPERATING [4011]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 271754839
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 2650 LOU MENK DR
- **CITY:** FT WORTH
- **STATE:** TX
- **ZIP:** 76131-2830
- **BUSINESS PHONE:** 8007952673

**MAIL ADDRESS:**
- **STREET 1:** 2650 LOU MENK DRIVE
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76131-2830

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BURLINGTON NORTHERN SANTA FE CORP
- **DATE OF NAME CHANGE:** 19951122

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BURLINGTON NORTHERN SANTE FE CORP
- **DATE OF NAME CHANGE:** 19950913

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BNSF CORP
- **DATE OF NAME CHANGE:** 19941223

**Filed Pursuant to Rule 433** 

**Registration No. 333-286971** 

**June 2, 2025** 

**Burlington Northern Santa Fe, LLC** 

$900,000,000 5.800% Debentures due March 15, 2056

<u>Final Term Sheet</u> 

---

| | |
|:---|:---|
| **Issuer:** | Burlington Northern Santa Fe, LLC |
| **Ratings (Moody's / S&P)\*:** | A2 (stable) / AA- (stable) |
| **Note Type:** | Senior Unsecured Debentures |
| **Offering Format:** | SEC Registered |
| **Trade Date:** | June 2, 2025 |
| **Settlement Date\*\*:** | June 6, 2025 (T+4) |
| **Maturity Date:** | March 15, 2056 |
| ***Final Terms*** |  |
| **Principal Amount:** | $900,000,000 aggregate principal amount of the 5.800% Debentures due March 15, 2056 |
| **Benchmark Treasury:** | UST 4.625% due February 15, 2055 |
| **Benchmark Treasury Price / Yield:** | 94-02 / 5.011% |
| **Re-offer Spread:** | T + 83 bps |
| **Re-offer Yield:** | 5.841% |
| **Coupon:** | 5.800% |
| **Price to Public:** | 99.428% of the principal amount |
| **Coupon Dates:** | March 15 and September 15 |
| **First Coupon Date:** | September 15, 2025 |
| **Make-Whole Call:** | T + 15 bps (at any time before September 15, 2055) |

---

------

---

| | |
|:---|:---|
| **Par Call:** | At any time on or after September 15, 2055 |
| **Day Count Convention:** | 30/360 |
| **Denominations:** | $2,000 x $1,000 |
| **CUSIP / ISIN:** | 12189L BM2 / US12189LBM28 |
| **Joint Book-Running Managers:** | BofA Securities, Inc.<br> Citigroup Global Markets Inc.<br> Goldman Sachs & Co. LLC<br> Morgan Stanley & Co. LLC |
| **Co-Managers:** | PNC Capital Markets LLC<br> Siebert Williams Shank & Co., LLC<br> U.S. Bancorp Investments, Inc. |

---

**\*** **A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.** 

**\*\*** **We expect to deliver the Debentures against payment therefor in New York City on or about June 6, 2025, which will be the fourth business day following the date of the prospectus supplement and of the pricing of the Debentures. Under Rule 15c6-l of the Exchange Act, trades in the secondary market generally are required to settle in one business day unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade Debentures on the pricing date or the next two succeeding business days will be required by virtue of the fact that the Debentures initially will settle in four business days (T+4) to specify alternative settlement arrangements to prevent failed settlement.** 

**The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling BofA Securities, Inc. at 1 (800) 294-1322, Citigroup Global Markets Inc. at 1 (800) 831-9146, Goldman Sachs & Co. LLC at 1 (866) 471-2526 or Morgan Stanley & Co. LLC at 1 (866) 718-1649.** 

**No PRIIPs KID. Not for retail investors in the EEA. No PRIIPs key information document (KID) has been prepared as not available to retail in EEA.**