On March 9, 2020, Canadian Pacific Railway Company completed a $300 million public offering of 3.05% unsecured unsubordinated notes due 2050. The offering was completed through a syndicate of agents led by RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc. and Scotia Capital Inc. as joint lead book-runners. The proceeds of the offering will be used for the refinancing of outstanding indebtedness and for general corporate purposes.
The Canadian Pacific Railway Company is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. Canadian Pacific offers a suite of freight transportation services, logistics solutions and supply chain expertise.
Osler, Hoskin & Harcourt LLP advised the syndicate of agents with a team consisting of Daniel Kolibar, Justin Sherman, Jacob Young, Meg Hiles (Corporate), Colena Der and Darian Khan (Tax).
Team
Associate, Emerging and High Growth Companies, Calgary
Partner, Tax, Calgary
Partner, Corporate, Calgary