share_log

Reported Earlier, CN Announces $750M 4.375% Notes Due 2034 Debt Offering, Proceeds Target General Corporate Use

Benzinga ·  Sep 17 15:25

CN plans to use the net proceeds from the offering for general corporate purposes, which may include the redemption and refinancing of outstanding indebtedness, share repurchases, acquisitions and other business opportunities.

The debt offering is being made in the United States under an effective shelf registration statement dated April 2, 2024.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment