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Reported Earlier, CN Announces $750M 4.375% Notes Due 2034 Debt Offering, Proceeds Target General Corporate Use

Author: Benzinga Newsdesk | September 17, 2024 03:25am

CN plans to use the net proceeds from the offering for general corporate purposes, which may include the redemption and refinancing of outstanding indebtedness, share repurchases, acquisitions and other business opportunities.

The debt offering is being made in the United States under an effective shelf registration statement dated April 2, 2024.

Posted In: CNI


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