- CN (CNR) has filed a final shelf prospectus with Canadian securities regulators and a registration statement with the United States SEC
- CN may issue up to C$6 billion of debt securities in Canadian and U.S. markets over the next 25 months
- CN expects to use the proceeds from the sale of debt securities for general corporate purposes including servicing indebtedness and share repurchases
- CN is a transportation leader and trade-enabler
- Canadian National Railway Company (CNR) opened trading at C$156.25 per share
CN (CNR) has filed a final shelf prospectus with Canadian securities regulators and a registration statement with the United States SEC.
CN may issue up to C$6 billion of debt securities in Canadian and U.S. markets over the next 25 months.
CN expects to use the proceeds from the sale of debt securities for general corporate purposes, including the redemption and refinancing of outstanding indebtedness, share repurchases, acquisitions and other business opportunities.
CN is a world-class transportation leader and trade enabler. CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year.
Canadian National Railway Company (CNR) opened trading at C$156.25 per share.