secwatch / observer
8-K filed March 6, 2026, 6:59 PM ET ticker CP CIK 0000016875
debt confidence high sentiment neutral materiality 0.60

CANADIAN PACIFIC KANSAS CITY LTD/CN (CP): debt financing — CP Rail subsidiary issues $1.2B in two tranches: 4.000% notes due 2029 and 5.500% notes due 2056.

CANADIAN PACIFIC KANSAS CITY LTD/CN

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CANADIAN PACIFIC KANSAS CITY LTD/CN incurred senior notes of U.S.$600,000,000 aggregate principal amount of 4.000% notes due 2029 and U.S.$600,000,000 aggregate principal amount of with Goldman Sachs & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and SMBC Nikko Securities America, Inc. at 4.000% and 5.500% maturing 2029 and 2056.

Instrument
senior notes
Principal
U.S.$600,000,000 aggregate principal amount of 4.000% notes due 2029 and U.S.$600,000,000 aggregate principal amount of
Counterparty
Goldman Sachs & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and SMBC Nikko Securities America, Inc.
Rate
4.000% and 5.500%
Maturity
2029 and 2056
Event
incurrence
Exact text from the filing
On March 6, 2026, Canadian Pacific Railway Company (the “Company”) completed its offering of U.S.$600,000,000 aggregate principal amount of 4.000% notes due 2029 (the “2029 Notes”) and U.S.$600,000,000 aggregate principal amount of 5.500% notes due 2056 (the “2056 Notes”)
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CANADIAN PACIFIC KANSAS CITY LTD/CN entered into Eighth Supplemental Indenture with Computershare Trust Company N.A. (effective 2026-03-06).

Action
entry
Agreement
notes offering
Counterparty
Computershare Trust Company N.A.
Effective
2026-03-06
Exact text from the filing
The Securities were issued pursuant to an Indenture, dated as of September 11, 2015, by the Company and Computershare Trust Company N.A., as successor to Wells Fargo Bank, National Association, as trustee (the “Trustee”), as supplemented by the Eighth Supplemental Indenture, dated as of March 6, 2026 (the “Eighth Supplemental Indenture”), by and among the Company, the Guarantor and the Trustee.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CANADIAN PACIFIC KANSAS CITY LTD/CN entered into Underwriting Agreement with Goldman Sachs & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and SMBC Nikko Securities America, Inc. (effective 2026-03-04).

Action
entry
Agreement
underwriting
Counterparty
Goldman Sachs & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and SMBC Nikko Securities America, Inc.
Effective
2026-03-04
Exact text from the filing
on March 4, 2026, the Company and the Guarantor entered into an Underwriting Agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and SMBC Nikko Securities America, Inc., as representatives of the several Underwriters listed in Schedule 1 thereto.
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CANADIAN PACIFIC KANSAS CITY LTD/CN filing history →

Source: SEC EDGAR
accession 0001193125-26-096631
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