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Canadian National Railway Company (CN) (TSX: CNR) (NYSE: CNI) said it has filed a shelf prospectus with Canadian securities regulators and a registration statement with the U.S. Securities and Exchange Commission (SEC). The filings would allow CN to issue debt securities in Canadian and U.S. markets over the next 37 months.
CN said the new shelf prospectus and registration statement replace its previous shelf prospectus and registration statement, which were set to expire on May 3, 2026.
CN also noted that a registration statement relating to the securities has been filed with the SEC but has not yet become effective. The company said the securities may not be sold, and offers to buy may not be accepted, before the registration statement becomes effective.
CN expects to use net proceeds from the sale of debt securities under the shelf prospectus for general corporate purposes. The company said this may include:
CN said a copy of the shelf prospectus will be available on the Canadian Securities Administrators’ website (www.sedarplus.ca) and on the SEC’s website (www.sec.gov). It may also be obtained from the Corporate Secretary at Canadian National Railway Company, 935 de La Gauchetière Street West, Montréal, Quebec, H3B 2M9 (Telephone: 514-399-7091).
CN stated that the press release does not constitute an offer to sell or a solicitation of an offer to buy the securities, and that there will be no sale of the securities in any jurisdiction where such offer, solicitation, or sale would be unlawful prior to registration or qualification under applicable securities laws.
CN powers the economy by safely transporting more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America each year. The company said it operates a nearly 20,000-mile rail network and related transportation services, connecting Canada’s Eastern and Western coasts with the U.S. Midwest and the U.S. Gulf Coast. CN said its operations contribute to sustainable trade and the prosperity of the communities in which it operates since 1919.
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