Davis Polk advised Canadian National Railway Company (CN) on a registered public offering of $300 million aggregate principal amount of its 1.45% notes due 2016 and $400 million aggregate principal amount of its 2.85% notes due 2021. The notes were offered under the Multijurisdictional Disclosure System for U.S. and Canadian issuers adopted by the SEC.
Based in Montréal, Québec, CN is engaged in the rail and related transportation business. CN’s track network spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, with port connections to various points in North America.
The Davis Polk corporate team included partner Alan Dean and associates Pavan Jawanda and Lucia Goy (admitted only in Madrid). Partner Samuel Dimon and associate Changsheng (Eric) Song provided tax advice. All members of the Davis Polk team are based in the New York office.