CPKC plans CAD 1.8 billion bond offering
Bitget2026/09/29 03:05- CPKC launched a CAD 1.8 billion bond offering through subsidiary Canadian Pacific Railway, backed by a CPKC guarantee.
- Four tranches: CAD 500 million 4.20% bonds due 2030; CAD 550 million 4.60% due 2033; CAD 300 million 4.90% due 2037.
- Final tranche: CAD 450 million 5.40% bonds due 2056; expected closing set for Oct. 6, 2026.
- Proceeds earmarked mainly to refinance outstanding CPRC debt; remainder for general corporate purposes.
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