CN files shelf prospectus qualifying the issuance of debt securities

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CN (NYSE:CNI) Tuesday introduced that it filed a shelf prospectus with Canadian securities regulators and a registration assertion with the U.S. SEC, beneath which CN might concern debt securities in Canadian and U.S. markets over the following 25 months. CN expects to make use of internet proceeds from the sale of debt securities beneath the …

CN (NYSE:CNI) Tuesday introduced that it filed a shelf prospectus with Canadian securities regulators and a registration assertion with the U.S. SEC, beneath which CN might concern debt securities in Canadian and U.S. markets over the following 25 months.
CN expects to make use of internet proceeds from the sale of debt securities beneath the shelf prospectus for common company functions, which can embody the redemption and refinancing of excellent indebtedness, share repurchases, acquisitions and different enterprise alternatives.
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