CPKC prices $1.2B note offering: $600M 2029 4.00% and $600M 2056 5.50%
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CPKC has announced a $1.2 billion debt offering, which includes $600 million in 4.000% notes due in 2029 and $600 million in 5.500% notes due in 2056. The offering is set to close on March 6, 2026, pending customary conditions. The net proceeds will primarily be used to refinance existing debt and for general corporate purposes, with potential investments in short-term investment-grade securities or bank deposits until utilized.
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