Contact: Steve Sugars Page Content: Canadian Pacific Railway Limited (TSX:CP)(NYSE:CP) announced that its wholly-owned subsidiary, Canadian Pacific Railway Company, is issuing: US $250 million of 4.50% Notes due 2022 US $250 million of 5.75% Notes due 2042 The transaction is expected to close on December 1, 2011. The offering is being made in the United States under the base shelf prospectus dated June 29, 2011 which allows for offerings of up to US $1.5 billion of debt securities.¤ The net proceeds from this offering will be used for a voluntary prepayment in 2011 to CP’s Canadian defined benefit pension plans. [h=4]About Canadian Pacific[/h]Canadian Pacific (TSX:CP)(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. [h=4]Contacts:[/h]Media¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ Investment Community Nicole Sasaki¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ ¤Janet Weiss Tel.:403-835-9005¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ Tel.: 403-319-3591 24/7 Media Pager:¤ 1-855-242-3674¤¤¤¤¤¤¤¤¤¤¤¤¤email: investor@cpr.ca email: nicole_sasaki@cpr.ca ¤ News Release Date: 11/29/2011 12:10 AM Location: Calgary, Alberta News Type: Investors Is Featured: Yes More...