CP Railway Closes U.S. Offering

On March 24, 2003, Canadian Pacific Railway Company closed a US$250 million public offering of 5.75 per cent debentures due 2033. The lead underwriters were Salomon Smith Barney and Banc of America Securities LLC.

Canadian Pacific Railway was represented in Canada by David Spencer, Bill Jenkins and Irene Ludwig of Fraser Milner Casgrain LLP in Calgary; and in the U.S., by Edwin Maynard, Andrew Foley, Ian Putnam and Vance Woodward (corporate), David Sicular and Andrea Shreeram (tax) and William O’Brien (environmental) of Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York. The underwriters were represented by Chris Cummings, Paul Rivett and Julian Fletcher of Shearman & Sterling in Toronto.


Andrea Shreeram Christopher J. Cummings William J. O'Brien David A. Spencer Irene Thea Ludwig Vance A. Woodward William K. Jenkins David R. Sicular Edwin S. Maynard Andrew J. Foley Ian Putnam Paul Rivett


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