CN (TSX: CNR) (NYSE: CNI) announced a public offering of $700 million USD in debt securities, including $300 million USD due in 2031 and $400 million USD due in 2035. The offering is expected to close on November 12, 2025. The proceeds will be used to repay $500 million USD in debt due in March 2026 and for general corporate purposes. The offering is being conducted in the U.S. under a prior registration statement. BofA Securities, J.P. Morgan Securities, RBC Capital Markets, and Wells Fargo Securities are acting as joint bookrunners for the offering.

CN is using the net proceeds from the offering to retire existing debt and for general corporate purposes. The offering is being made in the U.S. pursuant to a prior registration statement. Interested parties can obtain a copy of the prospectus supplement and accompanying prospectus by contacting the relevant bookrunners. This press release is not an offer to sell or a solicitation of an offer to buy securities, and no securities will be sold in any jurisdiction where it would be unlawful.

CN is a leading transporter of natural resources, manufactured goods, and finished products in North America. The company’s network spans nearly 20,000 miles, connecting Canada’s east and west coasts to the U.S. Midwest and Gulf Coast. The company has been facilitating trade and prosperity since 1919. This press release contains forward-looking statements that involve risks, uncertainties, and assumptions. Investors are advised not to rely unduly on these statements, which are subject to various factors that could affect CN’s actual results and performance.

Read more at GlobeNewswire: Le CN annonce un placement de titres d’emprunt de 700 M$