Davis Polk advised Canadian National Railway Company (CN) on a registered public offering of $250 million aggregate principal amount of its 2.25% notes due 2022 and $250 million aggregate principal amount of its 3.5% notes due 2042. 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, associate Ryan G. Mitteness and law clerk Elina M. Lae. Partner Samuel Dimon and associate Changsheng (Eric) Song provided tax advice. Counsel Catherine L. Martin provided ’40 Act advice. All members of the Davis Polk team are based in the New York office.
