SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K


                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                Date of Report (Date of earliest event reported):
                                  JUNE 5, 2002


                              KANSAS CITY SOUTHERN
               (Exact name of company as specified in its charter)


            DELAWARE                     1-4717             44-0663509
  -----------------------------   ------------------    ----------------------
  (State or other jurisdiction     (Commission file         (IRS Employer
        of incorporation)               number)         Identification Number)


                427 WEST 12TH STREET, KANSAS CITY, MISSOURI 64105
               (Address of principal executive offices) (Zip Code)


                COMPANY'S TELEPHONE NUMBER, INCLUDING AREA CODE:
                                (816) 983 - 1303


                                 NOT APPLICABLE
          (Former name or former address if changed since last report)









<PAGE>



ITEM 5.          OTHER EVENTS


$200 MILLION NOTES  OFFERING
On June 5, 2002, The Kansas City Southern  Railway Company  ("KCSR") priced $200
million of senior  unsecured notes due 2009 at par with a coupon of 7 1/2 %. The
notes will not be callable before maturity except that up to 35% may be redeemed
using equity proceeds until 2005 at a price of 107.5%.

On June 12, 2002,  KCSR  closed  the  transaction and issued $200 million of its
7 1/2% senior unsecured notes due 2009. The notes are fully and  unconditionally
guaranteed  on a senior  unsecured  basis by Kansas City Southern and certain of
its  subsidiaries.  KCSR applied the net proceeds from the offering of the notes
to repay  outstanding  indebtedness  under its existing senior  unsecured credit
facilities and other secured indebtedness.  Concurrently with the note offering,
KCSR amended and restated its existing  senior  unsecured  credit  facilities to
provide  greater  financial   flexibility.   The  amended  and  restated  credit
facilities  consist  of a $100  million  revolving  credit  facility  and a $150
million term loan. The term loan under the amended and restated credit agreement
will have a maturity of approximately 6 years.



ITEM 7.          FINANCIAL STATEMENTS AND EXHIBITS

(c)              Exhibits

                 EXHIBIT NO.       DOCUMENT
                 (99)              Additional Exhibits

                 99.1              Press Release issued by Kansas City Southern
                                   dated June 5, 2002 entitled, "KCS Prices $200
                                   Million Notes Offering", is attached  hereto
                                   as Exhibit 99.1



<PAGE>


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly  caused  this  Report  to be signed  on its  behalf by the  undersigned
hereunto duly authorized.


                               Kansas City Southern


Date: June 17, 2002            By:         /S/  LOUIS G. VAN HORN
                                  -------------------------------------------
                                              Louis G. Van Horn
                                       Vice President and Comptroller
                                       (Principal Accounting Officer)


<PAGE>


EXHIBIT 99.1

KANSAS CITY SOUTHERN                                               PRESS RELEASE
427 WEST 12TH STREET, KANSAS CITY, MISSOURI 64105               NYSE SYMBOL: KSU

Date:                  June 5, 2002

Media Contact:         William H. Galligan               Phone:     816/983-1551
                       william.h.galligan@kcsr.com       Fax:       816/983-1590
                       ---------------------------




                     KCS PRICES $200 MILLION NOTES OFFERING

Kansas City Southern  announced  today that it had priced $200 million of senior
notes due 2009 at par with a coupon of 7 1/2%.  The notes  will not be  callable
before  maturity  except that up to 35% may be redeemed  using  equity  proceeds
until 2005 at a price of 107.5%.  Proceeds of the offering will be used to repay
bank debt and other senior  indebtedness  and to pay placement fees and expenses
associated  with the  offering.  The notes  have not been  registered  under the
Securities  Act and may not be  offered  or  sold in the  United  States  absent
registration or an applicable  exemption from registration  under the Securities
Act.

KCS is a  transportation  holding  company that has railroad  investments in the
U.S.,  Mexico,  and Panama. Its primary holding is Kansas City Southern Railway.
Headquartered in Kansas City, Missouri,  KCS serves customers in the central and
south central regions of the U.S. KCS' rail holdings and investments are primary
components of a NAFTA Railway  system that links the  commercial  and industrial
centers of the U.S., Canada, and Mexico.

This press  release  includes  statements  concerning  potential  future  events
involving  the  Company,  which  could  materially  differ  from the events that
actually occur. The differences could be caused by a number of factors including
those  identified in KCS's December 31, 2001 Form 10-K and the current report on
Form 8-K dated December 11, 2001,  each filed by the Company with the Securities
and Exchange  Commission (SEC). The Company will not update any  forward-looking
statements in this press release to reflect future events or developments.
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{"company-data": {"conformed-name": "KANSAS CITY SOUTHERN", "cik": "0000054480", "assigned-sic": "4011", "irs-number": "440663509", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-04717", "film-number": "02680645"}, "business-address": {"street1": "427 WEST 12TH STREET", "city": "KANSAS CITY", "state": "MO", "zip": "64105", "phone": "8169831303"}, "mail-address": {"street1": "427 WEST 12TH STREET", "city": "KANSAS CITY", "state": "MO", "zip": "64105"}, "former-company": {"former-conformed-name": "KANSAS CITY SOUTHERN INDUSTRIES INC", "date-changed": "19920703"}}
SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                Date of Report (Date of earliest event reported):
                                  JUNE 5, 2002

                              KANSAS CITY SOUTHERN
               (Exact name of company as specified in its charter)

            DELAWARE                     1-4717             44-0663509
  -----------------------------   ------------------    ----------------------
  (State or other jurisdiction     (Commission file         (IRS Employer
        of incorporation)               number)         Identification Number)

                427 WEST 12TH STREET, KANSAS CITY, MISSOURI 64105
               (Address of principal executive offices) (Zip Code)

                COMPANY'S TELEPHONE NUMBER, INCLUDING AREA CODE:
                                (816) 983 - 1303

                                 NOT APPLICABLE
          (Former name or former address if changed since last report)
ITEM 5.          OTHER EVENTS

$200 MILLION NOTES  OFFERING
On June 5, 2002, The Kansas City Southern  Railway Company  ("KCSR") priced $200
million of senior  unsecured notes due 2009 at par with a coupon of 7 1/2 %. The
notes will not be callable before maturity except that up to 35% may be redeemed
using equity proceeds until 2005 at a price of 107.5%.

On June 12, 2002,  KCSR  closed  the  transaction and issued $200 million of its
7 1/2% senior unsecured notes due 2009. The notes are fully and  unconditionally
guaranteed  on a senior  unsecured  basis by Kansas City Southern and certain of
its  subsidiaries.  KCSR applied the net proceeds from the offering of the notes
to repay  outstanding  indebtedness  under its existing senior  unsecured credit
facilities and other secured indebtedness.  Concurrently with the note offering,
KCSR amended and restated its existing  senior  unsecured  credit  facilities to
provide  greater  financial   flexibility.   The  amended  and  restated  credit
facilities  consist  of a $100  million  revolving  credit  facility  and a $150
million term loan. The term loan under the amended and restated credit agreement
will have a maturity of approximately 6 years.

ITEM 7.          FINANCIAL STATEMENTS AND EXHIBITS

(c)              Exhibits

                 EXHIBIT NO.       DOCUMENT
                 (99)              Additional Exhibits

                 99.1              Press Release issued by Kansas City Southern
                                   dated June 5, 2002 entitled, "KCS Prices $200
                                   Million Notes Offering", is attached  hereto
                                   as Exhibit 99.1
SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly  caused  this  Report  to be signed  on its  behalf by the  undersigned
hereunto duly authorized.

                               Kansas City Southern

Date: June 17, 2002            By:         /S/  LOUIS G. VAN HORN
                                  -------------------------------------------
                                              Louis G. Van Horn
                                       Vice President and Comptroller
                                       (Principal Accounting Officer)
EXHIBIT 99.1

KANSAS CITY SOUTHERN                                               PRESS RELEASE
427 WEST 12TH STREET, KANSAS CITY, MISSOURI 64105               NYSE SYMBOL: KSU

Date:                  June 5, 2002

Media Contact:         William H. Galligan               Phone:     816/983-1551
                       william.h.galligan@kcsr.com       Fax:       816/983-1590
                       ---------------------------

                     KCS PRICES $200 MILLION NOTES OFFERING

Kansas City Southern  announced  today that it had priced $200 million of senior
notes due 2009 at par with a coupon of 7 1/2%.  The notes  will not be  callable
before  maturity  except that up to 35% may be redeemed  using  equity  proceeds
until 2005 at a price of 107.5%.  Proceeds of the offering will be used to repay
bank debt and other senior  indebtedness  and to pay placement fees and expenses
associated  with the  offering.  The notes  have not been  registered  under the
Securities  Act and may not be  offered  or  sold in the  United  States  absent
registration or an applicable  exemption from registration  under the Securities
Act.

KCS is a  transportation  holding  company that has railroad  investments in the
U.S.,  Mexico,  and Panama. Its primary holding is Kansas City Southern Railway.
Headquartered in Kansas City, Missouri,  KCS serves customers in the central and
south central regions of the U.S. KCS' rail holdings and investments are primary
components of a NAFTA Railway  system that links the  commercial  and industrial
centers of the U.S., Canada, and Mexico.

This press  release  includes  statements  concerning  potential  future  events
involving  the  Company,  which  could  materially  differ  from the events that
actually occur. The differences could be caused by a number of factors including
those  identified in KCS's December 31, 2001 Form 10-K and the current report on
Form 8-K dated December 11, 2001,  each filed by the Company with the Securities
and Exchange  Commission (SEC). The Company will not update any  forward-looking
statements in this press release to reflect future events or developments.