Canadian Pacific Kansas City Issues $1.2B Debt Offering

Dow Jones
03/05
 

By Katherine Hamilton

 

Canadian Pacific Kansas City is issuing $1.2 billion in debt offerings.

The freight company said Wednesday it is issuing $600 million of 4% notes due in 2029 and $600 million of 5.5% notes due in 2056.

Canadian Pacific plans to use net proceeds for the refinancing of outstanding debt and general corporate purposes, it said.

Until they are used for those purposes, the proceeds may be invested in short-term investment grade securities or bank deposits.

The offering is expected to close on March 6 and will be guaranteed by the company.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

March 04, 2026 18:36 ET (23:36 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10