Canadian Pacific Railway Limited (TSE:CP) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01. Entry into a Material Definitive Agreement.
wholly owned subsidiary of Canadian Pacific Railway Limited (the
Registrant), and the Registrant, entered into a fourth amending
agreement (the Fourth Amending Agreement) to the credit agreement
dated as of September 26, 2014, as amended by a first amending
agreement, dated as of June 15, 2015, and as further amended by a
second amending agreement, dated as of September 17, 2015 and the
third amending agreement dated as of June 28, 2016 (as so
amended, the Credit Agreement), between CPRC, as borrower, the
Registrant, as covenantor, Royal Bank of Canada, as
administration agent, and the various lenders party thereto.
Agreement include, among other things, the extension of the 5
Year Maturity Date (as such term is defined in the Credit
Agreement) from June 28, 2021 to June 28, 2022 and of the Term
Out Date (as such term is defined in the Credit Agreement) from
June 28, 2017 to June 27, 2018.
not purport to be complete and is qualified in its entirety by
reference to the full text of the Third Amending Agreement, which
is filed as Exhibit 10.1 to this Current Report on Form 8-K and
incorporated herein by reference.
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Exhibit No.
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Exhibit Description
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Exhibit 10.1
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Fourth Amending Agreement, dated as of June 23, 2017,
amending the Credit Agreement, dated September 26, 2014, between Canadian Pacific Railway Company, as Borrower, Canadian Pacific Railway Limited, as Covenantor, Royal Bank of Canada, as Administrative Agent, and the various Lenders party thereto. |
CANADIAN PACIFIC RAILWAY LTD/CN ExhibitEX-10.1 2 fourthamendingagreementjun.htm EXHIBIT 10.1 Exhibit 1FOURTH AMENDING AGREEMENTTHIS AGREEMENT dated as of June 23,…To view the full exhibit click here About Canadian Pacific Railway Limited (TSE:CP)
Canadian Pacific Railway Limited (CP), together with its subsidiaries, operates a transcontinental railway in Canada and the United States. The Company operates in rail transportation segment. The Company’s business mix includes bulk commodities, merchandise freight and intermodal traffic over a network of approximately 12,500 miles, serving the principal business centers of Canada from Montreal, Quebec, to Vancouver, British Columbia, and the United States Northeast and Midwest regions. The Company transports bulk commodities, merchandise freight and intermodal traffic. Bulk commodities include Canadian grain, U.S. grain, coal, potash, and fertilizers and sulfur. Merchandise freight consists of finished vehicles and automotive parts, as well as forest and industrial and consumer products. Intermodal traffic consists of retail goods in overseas containers that can be transported by train, ship and truck and in domestic containers and trailers that can be moved by train and truck.