Canadian National Railway pany(US:CNI) Globenewswireยท2025-11-07 02:00Core Viewpoint - CN announced a public debt offering of US$700 million, consisting of US$300 million in 4.200% Notes due 2031 and US$400 million in 4.750% Notes due 2035, expected to close on November 12, 2025 [1][2]. Group 1: Debt Offering Details - The offering includes US$300 million of 4.200% Notes maturing in 2031 and US$400 million of 4.750% Notes maturing in 2035 [1]. - The net proceeds will be used to repay US$500 million of 2.75% notes due in March 2026 and for general corporate purposes, including the repayment of commercial paper [2]. - The offering is made under an effective shelf registration statement dated April 2, 2024 [2]. Group 2: Underwriters - The joint bookrunners for the debt offering include BofA Securities, J.P. Morgan Securities, RBC Capital Markets, and Wells Fargo Securities, along with a syndicate of other financial institutions [3]. Group 3: Company Overview - CN operates a nearly 20,000-mile rail network, transporting over 300 million tons of natural resources and goods across North America annually, contributing to sustainable trade and community prosperity since 1919 [6].