Canadian Pacific Railway

The Underwriters in Canadian Pacific Railway Company’s $400 million debt offering


BMO Capital Markets, RBC Capital Markets and Scotia Capital Inc.


$400 million


Capital Markets

Date Closed

March 2019

Lead Office


On March 11, 2019, Canadian Pacific Railway Limited (CP) announced that its wholly-owned subsidiary, Canadian Pacific Railway Company, issued a $400 million note offering. The offering represents CP's successful return to the Canadian debt capital markets and its first Canadian public debt offering since 2011.

Canadian Pacific Railway offers transportation services and supply chain expertise with access to 8 major ports & key markets across North America.

Osler, Hoskin & Harcourt LLP represented the Underwriters with a team led by Daniel Kolibar that included Justin Sherman, Heidi Wong, Jacob Young, Chris Hall (Corporate) and Ted Thiessen (Tax).