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Canadian Pacific Kansas City Subsidiary Issuing $1.2 Billion in Notes
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Canadian Pacific Kansas City Subsidiary Issuing $1.2 Billion in Notes
Mar 13, 2025 1:33 AM

04:21 AM EDT, 03/13/2025 (MT Newswires) -- Canadian Pacific Kansas City ( CP ) said late Wednesday its Canadian Pacific Railway subsidiary will issue $600 million of 4.80% notes due 2030 and $600 million of 5.20% notes due 2035, guaranteed by the parent company.

The proceeds of the offering will primarily be used to refinance existing debt and for general corporate purposes, the company said.

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