CPKC subsidiary prices C$1.4B debt offering in three tranches for refinancing

CANADIAN PACIFIC KANSAS CITY LTD/CN

CP Rail (CPRC) issues C$500M 4.00% Notes due 2032, C$600M 4.40% Notes due 2036, C$300M 4.80% Notes due 2055.
Notes guaranteed by CPKC; expected close June 13, 2025, subject to customary conditions.
Net proceeds to refinance CPRC outstanding indebtedness and for general corporate purposes.
Joint lead agents: Scotia Capital, BMO Nesbitt Burns, CIBC World Markets, RBC Capital Markets.
Offering made in Canada under base shelf prospectus dated March 6, 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.