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Published 3 days ago • loading... • Updated 2 days ago

CPKC announces C$1.4 billion debt offering

CPKC announced that its subsidiary, Canadian Pacific Railway Company, is issuing C$500 million of 4.00% Notes due 2032, C$600 million of 4.40% Notes due 2036, and C$300 million of 4.80% Notes due 2055, which will be guaranteed by CPKC.
The transaction is expected to close on June 13, 2025, pending customary closing conditions.
Net proceeds from this Offering will be used to refinance CPRC's outstanding indebtedness and for general corporate purposes.
The joint lead agents for the Offering include Scotia Capital Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., and RBC Capital Markets.

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The Globe & Mail

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CPKC announces C$1.4 billion debt offering

Detailed price information for Royal Bank of Canada (RY-N) from The Globe and Mail including charting and trades.

3 days ago·Canada

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The Globe & Mail broke the news in Canada 3 days ago on Wednesday, June 11, 2025.

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