Canadian Pacific Railway Closes Offering of Notes and Debentures

Canadian Pacific Railway Company (CPR) closed its offering on October 30, 2001 of US$400 million 6.25 per cent notes due 2011 and US$350 million 7.125 per cent debentures due 2031. Prior to the offering the company filed a US$1 billion shelf registration statement.

CPR’s team was led by Paul Guthrie, assistant vice-president, legal services, and Bill Gantous, vice-president and treasurer. Edwin (Ted) Maynard, Andrew Foley, William O’Brien, Ian Putnam and Ron Billingsley, Jr., of Paul, Weiss, Rifkind, Wharton & Garrison acted as U.S. counsel to Canadian Pacific Railway. David Spencer, Bill Jenkins, Alex MacWilliam, Joe Lougheed, Scott Bodie, Irene Ludwig, Anne-Barbara Pelletier and Sean Ralph of Fraser Milner Casgrain LLP acted as Canadian counsel to the company. Brice Voran, Christopher Cummings, Nancy Hoi Bertrand, Jonathan Wisebrod, Franc Del Fosse, Michelle Bau, Laurence Crouch and Charles Gittleman of Shearman & Sterling acted as U.S. counsel to the underwriters, Salomon Smith Barney Inc.


William K. Jenkins Sean A. Ralph Nancy Hoi Bertrand Edwin S. Maynard Ron Billingsley, Jr. Andrew J. Foley Charles S. Gittleman Franc E. Del Fosse, III Scott Bodie Ian Putnam Alexander G. MacWilliam Jonathan Wisebrod Christopher J. Cummings Joseph P. Lougheed David A. Spencer Irene Thea Ludwig William J. O'Brien Laurence E. Crouch


Paul, Weiss, Rifkind, Wharton & Garrison LLP Dentons Canada LLP Shearman & Sterling LLP