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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under
the Securities Exchange Act of 1934
For the month of August, 2011
CANADIAN PACIFIC RAILWAY LIMITED
(Commission File No. 1-01342)
CANADIAN PACIFIC RAILWAY COMPANY
(Commission File
No. 1-15272)
(translation of each Registrants name into English)
Suite 500,
Gulf Canada Square, 401 9th Avenue, S.W., Calgary, Alberta,
Canada, T2P 4Z4
(address of principal executive offices)
Indicate by check mark whether the registrants file or will file annual reports under cover
Form 20-F or Form 40-F.
Form 20-F o Form 40-F þ
Indicate by check mark if the registrants are submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrants are submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7): o
This Report furnished on Form 6-K shall be incorporated by reference into each of the
following Registration Statements under the Securities Act of 1933 of the registrant: Form S-8 No.
333-140955 (Canadian Pacific Railway Limited), Form S-8 No. 333-127943 (Canadian Pacific Railway
Limited) and Form S-8 No. 333-13962 (Canadian Pacific Railway Limited).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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CANADIAN PACIFIC RAILWAY LIMITED
(Registrant)
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Date: August 30, 2011 |
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Signed: /s/ Karen L. Fleming
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By: |
Name: |
Karen L. Fleming |
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Title: |
Corporate Secretary |
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CANADIAN PACIFIC RAILWAY COMPANY
(Registrant)
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Date: August 30, 2011 |
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Signed: /s/ Karen L. Fleming
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By: |
Name: |
Karen L. Fleming |
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Title: |
Corporate Secretary |
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Release: Immediate August 30, 2011
CANADIAN PACIFIC ANNOUNCES REDEMPTION OF NOTES
CALGARY Canadian Pacific Railway Limited (TSX: CP) (NYSE:CP) announced today that its wholly
owned subsidiary, Canadian Pacific Railway Company, will redeem on September 30, 2011 all of the
$US101.4 million outstanding principal amount of its 5.75% Notes due May 15, 2013 (the Notes).
The redemption price of the Notes will be determined on September 27, 2011 based on the formula set
forth in the indenture governing the Notes. The impact of this transaction is estimated to reduce
diluted earnings per share by four cents in the third quarter of 2011.
On and after the date of redemption, the Notes will no longer be outstanding, interest thereon will
cease to accrue and all rights of the holder of the Notes will cease to exist, except for the right
to receive the redemption price, without interest thereon.
The redemption of these notes supports our strategy to reduce and restructure our overall
indebtedness while continuing to reinvest in the franchise, stated Kathryn McQuade, Executive
Vice-President and Chief Financial Officer.
The notice of redemption will be sent to registered holders of the Notes on or about August 30,
2011. Notes are to be surrendered to The Bank of New York, as trustee and paying agent, in exchange
for payment of the redemption price.
Note on forward-looking information
This news release contains certain forward-looking statements relating, but not limited to, the
planned redemption of the Notes and the impact of such redemption on
diluted earnings per share. Undue reliance should not be placed on forward-looking information
as actual results may differ materially.
By its nature, CPs forward-looking information involves numerous assumptions, inherent risks and
uncertainties, including but not limited to the following factors: available cash flow, changes in
business strategies; general North American and global economic credit and business conditions; the
availability and price of energy commodities; the effects of competition and pricing pressures;
shifts in market demand; changes in laws and regulations, including regulation of rates; changes in
taxes and tax rates; potential increases in maintenance and operating costs; uncertainties of
litigation; labour disputes; risks and liabilities arising from derailments; timing of completion
of capital and
maintenance projects; currency and interest rate fluctuations; various events that
could disrupt operations, including severe weather conditions, security threats and governmental response to
them, and technological changes.
Reference should be made to Managements Discussion and Analysis in CPs annual and interim
reports, Annual Information Form and Form 40-F filed with Canadian and U.S. securities regulators,
available on CPs website, for a summary of major risks.
Except as required by law, CP undertakes no obligation to update publicly or otherwise revise any
forward-looking information, whether as a result of new information, future events or otherwise.
About Canadian Pacific
Canadian Pacific (CP:TSX)(NYSE:CP) operates a North American transcontinental railway providing
freight transportation services, logistics solutions and supply chain expertise. Incorporating
best-in-class technology and environmental practices, CP is re-defining itself as a modern 21st
century transportation company built on safety, service reliability and operational efficiency.
Visit cpr.ca and see how Canadian Pacific is Driving the Digital Railway.
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Contacts: |
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Media
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Investor Relations |
Nicole Sasaki
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Janet Weiss |
Tel: 403 835-9005
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Tel: 403 319-3591 |
24/7 Media Pager: 855-242-3674
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investor@cpr.ca |
nicole_sasaki@cpr.ca |
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