On March 29, 2005, Canadian National Railway Co. and certain of its Canadian and US subsidiaries refinanced their US$1 billion revolving credit facility for a five-year period with an international banking syndicate led by BMO Nesbitt Burns Inc. The credit facility will be used for working capital and general corporate purposes, including a back-stop for CN's commercial paper program.
The borrowers were represented in-house by Sean Finn, Cristina Circelli, Sophie-Emmanuelle Chebin and Cynthia Bergmann, who were assisted by Jean Marc Huot, Sterling Dietze, Caroline Boutin, Robert Hogan and Antoine Stébenne (tax) of Stikeman Elliott LLP. The agents and lenders were represented by Norm Saibil and Corinne Lemire of Blake, Cassels & Graydon LLP.
Advice on US matters was provided, for the agents, by Patrick Ryan and Namaala Liebenthal of Simpson Thacher & Bartlett LLP.
The borrowers were represented in-house by Sean Finn, Cristina Circelli, Sophie-Emmanuelle Chebin and Cynthia Bergmann, who were assisted by Jean Marc Huot, Sterling Dietze, Caroline Boutin, Robert Hogan and Antoine Stébenne (tax) of Stikeman Elliott LLP. The agents and lenders were represented by Norm Saibil and Corinne Lemire of Blake, Cassels & Graydon LLP.
Advice on US matters was provided, for the agents, by Patrick Ryan and Namaala Liebenthal of Simpson Thacher & Bartlett LLP.