Davis Polk advised Canadian National Railway Company (CN) on a registered public offering of $350 million aggregate principal amount of its floating-rate notes due 2015 and $250 million aggregate principal amount of its 4.5% notes due 2043. The notes were offered under the Multijurisdictional Disclosure System for U.S. and Canadian issuers adopted by the SEC. 

Based in Montréal, Québec, CN transports approximately C$250 billion worth of goods annually for a wide range of business sectors, ranging from resource products to manufactured products to consumer goods, across a rail network spanning Canada and mid-America, with port connections to various points in North America. 

The Davis Polk corporate team included partners Alan Dean and John B. Meade, associate Ryan G. Mitteness and law clerk Donald Shum. The tax team included partner Harry Ballan, associate Arie Rubenstein and law clerk Koonho Cho. Counsel Catherine L. Martin provided 1940 Act advice. Rosemarie Melendez was the legal assistant for the transaction. All members of the Davis Polk team are based in the New York office.