Market Overview

Canadian Pacific Files Preliminary Base Shelf Prospectus

Canadian Pacific Railway
(NYSE: CP) today announced that it has filed with the securities
commission in each of the provinces and territories of Canada a
Preliminary Base Shelf Prospectus and a corresponding registration
statement with the United States Securities and Exchange Commission. 
When made final or effective, these filings will allow Canadian Pacific
to issue or sell up to $2.5 billion of Common Shares, First Preferred
Shares, Second Preferred Shares, Subscription Receipts, Warrants and
Units in tranches as required over the next 25 months in Canada and the
United States.

This filing is a renewal of Canadian Pacific's existing base shelf
prospectus and was made to maintain financial flexibility.  Canadian
Pacific has no immediate intentions to undertake an offering.

See full press release

Posted-In: Earnings News Guidance Global

 

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