Canadian National Railway Company $900 million 2.4% and 3.65% notes issues

Overview:

• Canadian National Railway Company has issued $900 million in senior notes.
• The issue consisted of $300 million 2.4% notes due 2020 and $600 million 3.65% notes due 2048.
• Proceeds will be used for general corporate purposes and debt repayment.
• Citigroup Global Markets, Merrill Lynch Pierce Fenner & Smith and RBC Capital Markets acted as underwriters on the deal.

Katrin Kostadinova - Data analyst