Home News CN launches C$500M 30-year debt offering – Canadian National Railway Company (NYSE:CNI)

CN launches C$500M 30-year debt offering – Canadian National Railway Company (NYSE:CNI)

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CN (NYSE:CNI) has launched a C$500M offering of debt.

The offering is for 3.6% notes due 2047.

Proceeds will be used for general purposes (including redeeming outstanding debt, and share buybacks).

At last report, the company had total debt of $8.64B, and $209.6M in cash.



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