Canadian Pacific Kansas City Limited’s (CPKC) subsidiary, Canadian Pacific Railway Company (CP), completed an SEC-registered offering of $1.2 billion of senior notes, consisting of $600 million of its 4% Senior Notes due 2029 and $600 million of its 5.5% Senior Notes due 2056.
CPKC is a transcontinental railway in Canada, the United States and Mexico with direct links to major ports on the west and east coasts. CPKC is the only single-line railroad linking the United States, Mexico and Canada.
The S&C team representing CPKC in the offering included Alan Fishman, Connor Schillerstrom and Michela Marchetti. Cathy Clarkin, Connor Schillerstrom and Bradford Olson advise CP on ongoing disclosure and SEC compliance matters. Jeff Hochberg, Saul Brander and Jenna Cook advised on tax matters. Matt Brennan advised on environmental matters.