Issuer:
|
Canadian National Railway Company | |
Security Type:
|
Puttable Reset Securities PURSSM due 2036 | |
Size:
|
US$250,000,000 | |
Maturity:
|
July 15, 2036 | |
Coupon:
|
6.712% (accruing from July 15, 2006) | |
Purchase Price:
|
107.245% of face amount | |
Reoffering:
|
Variable Price | |
Spread to Benchmark Treasury:
|
+102.8 bps | |
Benchmark Treasury:
|
5.153% due 2036 | |
Benchmark Treasury Price:
|
90.04% | |
Interest Payment Dates:
|
January 15 and July 15, payment at the new rate commencing January 15, 2007 | |
Redemption:
|
At any time at a discount rate of Treasury plus 15 basis points | |
Trade Date:
|
July 7, 2006 | |
Settlement Date:
|
July 17, 2006 | |
Ratings:
|
A3/A-/A(low) | |
Final Dealer:
|
Goldman, Sachs & Co. |