Davis Polk Advises Canadian National Railway Company on US$500 Million Notes Offering
Davis Polk advised Canadian National Railway Company (CN) on a registered public offering of US$500 million aggregate principal amount of its 2.750% notes due 2026. The notes were offered under the Multijurisdictional Disclosure System for U.S. and Canadian issuers adopted by the SEC.
Based in Montréal, Québec, CN transports more than C$250 billion worth of goods annually for a wide range of business sectors, ranging from resource products to manufactured products to consumer goods, across a rail network spanning Canada and mid-America, with port connections to various points in North America.
The Davis Polk corporate team included partner John B. Meade and associate Donald Shum. Partner Michael Farber and associates Arie Rubenstein and Aaron M. Lee provided tax advice. Associate Jake H. Wang provided 1940 Act advice. All members of the Davis Polk team are based in the New York office.