{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-106558","form_type":"8-K","ticker":"CP","cik":"0000016875","company_name":"CANADIAN PACIFIC KANSAS CITY LTD/CN","filed_at":"2023-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.040073+00:00","generated_at":"2026-06-16T23:42:10.673518+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"CPKC completes exchange of ~$3.01B KCS notes; tender rates exceed 90%","bullets":["CPKC/CPRC exchanged ~$3.01B of KCS notes for new CPRC notes; tender rates exceeded 90% per series.","Only $83.6M of old notes remain outstanding after exchange; KCS notes cancelled.","Consent amendments removed certain reporting covenants and events of default from KCS indentures.","New CPRC notes issued with CPKC guarantee, matching maturities and coupons of exchanged old notes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-106558","json":"https://secwatch.observer/filing/0001193125-23-106558.json","markdown":"https://secwatch.observer/filing/0001193125-23-106558.md","text":"https://secwatch.observer/filing/0001193125-23-106558.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/16875/000119312523106558/0001193125-23-106558-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/16875/000119312523106558/d356812d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T23:42:10.673518+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2fba616fd17218216ea6ca473771c28a8ee9ccf1","claim":"CANADIAN PACIFIC KANSAS CITY LTD/CN amended senior notes.","evidence_excerpt":"which amended and supplemented the Old Notes Indentures and adopted the Amendments. The Amendments, among other things, modified or eliminated certain reporting requirements, restrictive covenants and events of default","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/16875/000119312523106558/0001193125-23-106558-index.htm","confidence":0.7,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"ca1feeb9d35de3aa588ac1463588cd6163d873f9","claim":"CANADIAN PACIFIC KANSAS CITY LTD/CN incurred senior notes of $ 226,823,000 of 3.125% Notes due 2026, $414,838,000 of 2.875% Notes due 2029, $448,453,000 of 4.300% Notes due 2043, $4 with Computershare Trust Company, N.A., as successor to Wells Fargo Bank, National Association, as trustee at 3.125%, 2.875%, 4.300%, 4.950%, 4.700%, 3.500%, 4.200% maturing 2026, 2029, 2043, 2045, 2048, 2050, 2069.","evidence_excerpt":"for CPRC's 3.125% Notes due 2026, 2.875% Notes due 2029, 4.300% Notes due 2043, 4.950% Notes due 2045, 4.700% Notes due 2048, 3.500% Notes due 2050 and 4.200% Notes due 2069","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/16875/000119312523106558/0001193125-23-106558-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$ 226,823,000 of 3.125% Notes due 2026, $414,838,000 of 2.875% Notes due 2029, $448,453,000 of 4.300% Notes due 2043, $4"},{"label":"Counterparty","value":"Computershare Trust Company, N.A., as successor to Wells Fargo Bank, National Association, as trustee"},{"label":"Rate","value":"3.125%, 2.875%, 4.300%, 4.950%, 4.700%, 3.500%, 4.200%"},{"label":"Maturity","value":"2026, 2029, 2043, 2045, 2048, 2050, 2069"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}