Canadian Pacific Kansas City amends credit agreement to extend loan maturities

Published 22/08/2025, 21:28
Canadian Pacific Kansas City amends credit agreement to extend loan maturities

Canadian Pacific (NYSE:CP) Kansas City Limited (NYSE:CP, TSX:CP) announced Thursday that it has entered into an amendment to its existing credit agreement, according to a statement filed with the Securities and Exchange Commission.

On August 20, 2025, Canadian Pacific Railway (TSX:CP) Company, a wholly owned subsidiary of Canadian Pacific Kansas City Limited, and the parent company executed a first amending agreement to the third amended and restated credit agreement originally dated June 25, 2024. The amendment was made in partnership with Bank of Montreal, acting as administrative agent, and various lenders.

The amendment extends the maturity date of the 5 Year Facility from June 25, 2029, to June 25, 2030. It also extends the maturity date of the 2 Year Facility from June 25, 2026, to June 25, 2027. Both facilities are part of the broader credit agreement referenced in the filing.

The company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol CP. Its perpetual 4% consolidated debenture stock is listed on the New York Stock Exchange under the symbol CP40 and on the London Stock Exchange (LON:LSEG) under the symbol BC87.

This information is based on a press release statement included in the company’s recent SEC filing.

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