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November 29, 2011

Canadian Pacific News. Google. 29th November 2011

Canadian Pacific Raises C$125M From 10-Year Debt Deal

Wall Street Journal - ‎1 hour ago‎
TORONTO (Dow Jones)--Canadian Pacific Railway Ltd. (CP) raised C$125 million (US$120.7 million) from an offering 10-year bonds maturing January 2022. The issue was priced at 290 basis points over the Government of Canada 3.25% 2021 benchmark to yield ...

Canadian Pacific Announces the Results of its Canadian Debt Offering

MarketWatch (press release) - ‎1 hour ago‎
The offering is being made in Canada under the base shelf prospectus dated June 29, 2011 which allows for offerings of up to CDN $1.5 billion of medium term notes. The net proceeds from this offering will be used for a voluntary prepayment in 2011 to ...

CPR debt offering seen as stabilizer

Calgary Herald - ‎2 hours ago‎
Canadian Pacific Railway Co. is issuing a debt offering it hopes will be a tax-efficient way to reduce the volatility of funding its defined benefit pension plan and give it greater flexibility to move cash into capital. Canadian Pacific Railway Co. is ...

Full steam ahead for North American rails in 2012

Financial Post - ‎3 hours ago‎
A CN Rail locomotive pulling a line of cars. moves through the railroad's Macmillan Yard December 30, 2009, in Vaughan, Ontario, Canada, just north of Toronto. Despite the ongoing economic uncertainty, a new survey of shippers by shows that it is full ...

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