06:17 AM EDT, 06/12/2025 (MT Newswires) -- Canadian Pacific Kansas City ( CP ) overnight Wednesday announced that its wholly-owned subsidiary, Canadian Pacific Railway Compan, is issuing $500 million of 4.00% Notes due 2032, $600 million of 4.40% Notes due 2036 and $300 million of 4.80% Notes due 2055, which will be guaranteed by CPKC.

A statement said the transaction is expected to close on June 13, subject to the satisfaction of customary closing conditions. It added the net proceeds from this Offering will be used to refinance CPRC's outstanding indebtedness and for general corporate purposes.