Canadian Pacific Railway Company (CPRC), a wholly-owned subsidiary of Canadian Pacific Kansas City Limited (CPKC), has issued C$500 million of 4.00% Notes due 2032, C$600 million of 4.40% Notes due 2036 and C$300 million of 4.80% Notes due 2055, which will be guaranteed by CPKC. The transaction closed on June 13, 2025.
Bennett Jones acted for CPKC.
The Bennett Jones team was led by Harinder Basra and included Brent Kraus, Rebecca Burnand and Rebecca Taylor (Capital Markets) and Anu Nijhawan (Tax).
Read the transaction press release.