05:39 AM EDT, 09/17/2024 (MT Newswires) -- Canadian National Railway ( CNI ) late on Monday launched a public debt offering of US$750 million of 4.375% notes due in 2034.

Net proceeds from the offering will be used for general corporate purposes, which may include redeeming and refinancing outstanding debt, share repurchases and acquisitions.

CN expects to close the offering on Wednesday.