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CN announces US$500-million debt offering
CN announces US$500-million debt offering CN announces US$500-million debt offerin...
About this update from Canadian National Railway Company
[{"type":"text","content":"\n\n\n\nCN announces US$500-million debt offering\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nCN announces US$500-million debt offering\nCanada NewsWire\nMONTREAL, Feb. 18, 2016\n\n\n\nMONTREAL, Feb. 18, 2016 /CNW/ - CN (TSX: CNR) (NYSE: CNI) today announced a public debt offering of US$500 million 2.75% Notes due 2026.  CN expects to close the offering on Feb. 23, 2016, subject to customary closing conditions.\n\nCN plans to use the net proceeds from the offering for general corporate purposes, including the redemption and refinancing of outstanding indebtedness, and share repurchases.\n\nThe debt offering is being made in the United States under an effective shelf registration statement CN filed on Jan. 5, 2016.  The joint book-running managers of the debt offering are: Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Wells Fargo Securities, LLC.  The co-managers of the debt offering are BNP PARIBAS, RBC Capital Markets, LLC, BMO Capital Markets, HSBC, MUFG, Scotiabank, SMBC Nikko, TD Securities, and US Bancorp.  \n\nA copy of the prospectus supplement and the accompanying prospectus for the offering may be obtained by contacting Citigroup Global Markets Inc., Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, toll free: 1-800-831-9146, email: [email protected]; Merrill Lynch, Pierce, Fenner & Smith Incorporated, 222 Broadway, 11th Floor, New York, NY 10038, Attention: Prospectus Department, toll free: 1-800-294-1322, email: [email protected]; or Wells Fargo Securities, LLC, 608 2nd Avenue South, Minneapolis, MN 55402, Attention: WFS Customer Service, toll free: 1-800-645-3751, email: [email protected].\n\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities...