Canadian Pacific Railway Closes $500 Million Public Offering

Paul, Weiss advised Canadian Pacific Railway Company in its public offering in the United States of $500 million in aggregate principal amount of 4.000% notes due 2028. The joint bookrunning managers in the offering were Morgan Stanley & Co. LLC, Barclays Capital Inc., Wells Fargo Securities, LLC, Citigroup Global Markets Inc., HSBC Securities (USA) Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated.

The Paul, Weiss team included corporate partner Andrew Foley; and tax partners David Sicular and David Mayo.