...January 12, 2024 - We have assigned new management and governance (M&G) assessments of positive to Burlington Northern Santa Fe LLC (BNSF), CSX Corp., and Norfolk Southern Corp. - The assignment of the M&G assessments follows the Jan. 7, 2024, publication of S&P Global Ratings' revised criteria for evaluating the credit risks presented by an entity's M&G framework. (See "Management And Governance Credit Factors For Corporate Entities", published Jan. 7, 2024. - We affirmed our ratings on BNSF (##-/Stable/--), CSX (###+/Stable/A-2), and Norfolk Southern (###+/Stable/A-2) following the assignment of the new M&G assessments. SAN FRANCISCO (S&P Global Ratings) Jan. 12, 2024--S&P Global Ratings today assigned new M&G modifier assessments of positive to Burlington Northern Santa Fe, CSX, and Norfolk Southern. The action follows the revision to our criteria for evaluating the credit risks presented by an entity's management and governance framework. The terms management and governance encompass...
