Canadian Pacific Files Preliminary Base Shelf Prospectus - Canadian Pacific Kansas (NYSE:CP)

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

See full press release