Canadian Pacific Railway Ltd. (CP, CP.TO) said its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing C$400 million of 6.45% Notes due November 17, 2039. The transaction is expected to close November 17, 2009. The net proceeds from the offering of approximately C$398 million would be used for general corporate purposes which may include the funding of pension plan obligations as well as the reduction and restructuring of indebtedness.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.