Client Work

Canadian Pacific Railway Company Closes C$1.4 Billion Debt Offering

June 16, 2025
Authors
Harinder S. BasraCalgary Managing Partner
Brent W. KrausPartner
Rebecca BurnandAssociate
Anu NijhawanPartner
Rebecca M. TaylorAssociate

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.

Social Media
Download
Download
Subscribe
Republishing Requests

For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com.

For informational purposes only

This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors.

Authors

Harinder S. Basra, Calgary Managing Partner  •   Co-Head of Energy Practice
Calgary  •   403.298.4494  •   basrah@bennettjones.com
Brent W. Kraus, Partner  •   Co-Head of Mergers & Acquisitions Practice
Calgary  •   403.298.3071  •   krausb@bennettjones.com
Rebecca Burnand, Associate
Calgary  •   403.298.3321  •   burnandr@bennettjones.com
Anu Nijhawan, Partner  •   Co-Head of Tax Department
Calgary  •   403.298.3389  •   nijhawana@bennettjones.com
Rebecca M. Taylor, Associate
Calgary  •   403.298.3086  •   taylorr@bennettjones.com