On September 15, before market open, CN announced a public debt offering of C$350 million 2.8% Notes due 2025, C$400 million 3.95% Notes due 2045, and C$100 million 4.0% Notes due 2065. The offering is expected to close on Sept. 22, 2015. The funds are intended to be used for general corporate purposes, including repayment of outstanding debt and share repurchases.

15 Sep 2015
ANNOUNCES C$850 MILLION DEBT OFFERING
Canadian National Railway Company (CNR:TSE) | 0 0 (-0.4%) | Mkt Cap: 71,463m
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Steven I. Paget
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2 pages
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ANNOUNCES C$850 MILLION DEBT OFFERING
Canadian National Railway Company (CNR:TSE) | 0 0 (-0.4%) | Mkt Cap: 71,463m
- Published:
15 Sep 2015 -
Author:
Steven I. Paget -
Pages:
2 -
On September 15, before market open, CN announced a public debt offering of C$350 million 2.8% Notes due 2025, C$400 million 3.95% Notes due 2045, and C$100 million 4.0% Notes due 2065. The offering is expected to close on Sept. 22, 2015. The funds are intended to be used for general corporate purposes, including repayment of outstanding debt and share repurchases.