On December 2, 2021, Canadian Pacific Railway Company completed its US$8.45 billion offering of notes in Canada and the US. The proceeds from the offering will be used to fund the acquisition of Kansas City Southern, a US Class 1 railroad based in Kansas City, Missouri, and will create the first U.S. – Mexico – Canada rail network.
Canadian Pacific Railway Company is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts.
Osler, Hoskin & Harcourt LLP acted as Canadian counsel to the underwriters for both the Canadian and US offerings with a team led by Daniel Kolibar and consisted of Justin Sherman, Kelsey Armstrong, Carson Wetter, Lindsay Hofer, Bhavish Beejan (Corporate), Dana Saric (Financial Services), David Davachi and Emily Gilmour (Tax).