Mr. Jonathan Abecassis reports
CN FILES SHELF PROSPECTUS QUALIFYING THE ISSUANCE OF DEBT SECURITIES
Canadian National Railway Company has filed a shelf prospectus with Canadian securities regulators and a registration statement with the United States Securities and Exchange Commission (SEC), pursuant to which Canadian National Railway may issue debt securities in Canadian and U.S. markets over the next 25 months.
Canadian National Railway expects to use net proceeds from the sale of debt securities under the shelf prospectus for general corporate purposes, which may include the redemption and refinancing of outstanding indebtedness, share repurchases, acquisitions, and other business opportunities.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective.
A copy of the shelf prospectus will be available on the Canadian Securities Administrators' website or the SEC's website. It may also be obtained from the corporate secretary, Canadian National Railway Company, 935 de La Gauchetiere St. West, Montreal, Que., H3B 2M9 (telephone: 514-399-7091).
About Canadian National Railway Company
Canadian National Railway is a world-class transportation leader and trade enabler. Essential to the economy, to the customers and to the communities it serves, Canadian National Railway safely transports more than 300 million tons of natural resources, manufactured products and finished goods throughout North America every year. Canadian National Railway's network connects Canada's Eastern and Western coasts with the U.S. South through an 18,800-mile rail network. The company and its affiliates have been contributing to community prosperity and sustainable trade since 1919. Canadian National Railway is committed to programs supporting social responsibility and environmental stewardship.
© 2024 Canjex Publishing Ltd. All rights reserved.