OREANDA-NEWS. CN (TSX: CNR) (NYSE: CNI) today announced a public two-tranche debt offering of USD 600 million, comprised of USD 350 million Floating Rate Notes due 2015, and USD 250 million 4.50% Notes due 2043. CN expects to close the offering on Nov. 7, 2013, subject to customary closing conditions.

CN plans to use the net proceeds from the offering for general corporate purposes, including the redemption and refinancing of outstanding indebtedness.

The debt offering is being made in the United States under an effective shelf registration statement CN filed on Nov. 4, 2011. The joint book-running managers of the debt offering are; Citigroup Global Markets Inc.; J.P. Morgan Securities LLC; and Merrill Lynch, Pierce, Fenner & Smith Incorporated. The co-managers of the debt offering are BNP PARIBAS, HSBC, BMO Capital Markets, RBC Capital Markets, Scotiabank, TD Securities, Wells Fargo Securities, LLC, Desjardins Capital Markets, Mitsubishi UFJ Securities (USA), Inc. and US Bancorp.

A copy of the prospectus supplement and the accompanying prospectus for the offering may be obtained by contacting Citigroup Global Markets Inc., Attention: Prospectus Department, toll free: 1-800-831-9146, email: batprospectusdept@citi.com <mailto:batprospectusdept@citi.com>; J.P. Morgan Securities LLC, Attention: Investment Grade Syndicate Desk, collect call: 1-212-834-4533, or Merrill Lynch, Pierce, Fenner & Smith Incorporated, Attention: Prospectus Department, toll free: 1-800-294-1322, e-mail: dg.prospectus_requests@baml.com <mailto:dg.prospectus_requests@baml.com>.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of these securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.