CN (TSX: CNR) (NYSE: CNI) has announced a public debt offering of $750 million in 4.375% Notes due 2034, expected to close on September 18, 2024, pending customary conditions. The proceeds will be used for general corporate purposes, including debt refinancing, share repurchases, and acquisitions. The offering is registered in the U.S. under a shelf registration statement dated April 2, 2024. Various financial institutions are involved as managers and co-managers of the offering. This announcement does not constitute an offer to sell or solicit securities in jurisdictions where it would be unlawful.
Source: https://www.freightweek.org/index.php/en/latest-news/8604-cn-announces-us-750-million-debt-offering