CN reveals a debt offering amounting to $700 million.

CN (TSX: CNR) (NYSE: CNI) has announced a public debt offering of US$700 million, which includes US$300 million in 4.200% Notes due in 2031 and US$400 million in 4.750% Notes due in 2035. The offering is set to close on November 12, 2025, pending customary conditions. Proceeds will be used to repay the US$500 million 2.75% Notes maturing in March 2026 and for general corporate purposes. The offering is conducted under a shelf registration effective from April 2, 2024, with several joint bookrunners involved.