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CANADIAN NATIONAL RELEASES TERMS OF $400-MILLION DEBT OFFERING

CANADIAN NATIONAL RELEASES TERMS OF $400-MILLION DEBT OFFERING

   The Canadian National Railway Co. said a debt restructuring will enable the Montreal-based North American railroad to repay $250 million in 10-year notes that are due May 15.

   CN is getting $400 million at 4.4 percent rate and will use the remaining $150 million to repay outstanding commercial paper issued by CN.