CPKC announces C$1.8 billion debt offering
PR Newswire•28/09/2026•23:00 ET
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Key Highlights
- ➤CPRC (CP) issuing C$1.8 billion across four senior notes due 2030-2056
- ➤Notes carry fixed coupons ranging from 4.20% to 5.40%
- ➤Net proceeds primarily refinance CPRC outstanding indebtedness
- ➤Offering expected to close October 6, 2026, subject to customary conditions
The shelf prospectus supplement, the corresponding base shelf prospectus and any amendment to the documents will be accessible through SEDAR+ within two business days
CALGARY, AB, Sept. 28, 2026 /PRNewswire/ -- Canadian Pacific Kansas City Limited (TSX: CP) (NYSE: CP) ("CPKC") announced that its wholly owned subsidiary, Canadian Pacific Railway Company ("CPRC"), is issuing C$500 million of 4.20% Notes due 2030, C$550 million of 4.60% Notes due 2033, C$300 million of 4.90% Notes due 2037 and C$450 million of 5.40% Notes due 2056, which will be guaranteed by CPKC (the "Offering").
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