Moody's Ratings (Moody's) assigned Baa1 ratings to Canadian Pacific Railway Company's ("CPR") new $1.2 billion of backed senior unsecured notes due in 2030 and 2035. Proceeds will be used by CPR to refinance outstanding indebtedness and for general corporate purposes. CPR's existing ratings are unch...
Moody's Ratings (Moody's) upgraded Canadian Pacific Railway Company's (CPR) senior unsecured rating to Baa1 from Baa2, its backed senior unsecured rating to Baa1 from Baa2 and its backed senior unsecured shelf rating to (P)Baa1 from (P)Baa2. We also affirmed CPR's Prime-2 commercial paper rating. ...
Moody's Investors Service (Moody's) affirmed the senior unsecured debt of Canadian Pacific Railway Company (CPR) at Baa2, its backed senior unsecured rating at Baa2, its senior unsecured shelf rating at (P)Baa2 and its P-2 Commercial Paper rating. The outlook was changed to positive from stable. ...
DBRS Morningstar believes that the ongoing west coast port strikes are seriously disrupting supply chains in the near term as trade comes to a halt. This is causing significant operational disruptions to multiple sectors including the automobile, industrial, railway, fertilizer, and retail sectors. It will also take increasingly longer for supply chains to stabilize relative to the length of the strikes. Despite the significantly disruptive nature of the strikes, we expect that the crisis will...
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