BIG CANADIAN RAILWAY LOAN.
The Canadian National Railways bond issue of 65,000,000 dollars made iv New York recently is claimed to be the largest corporate loan offered in the American investment- market. Details of the issue indicate the high regard held for Canadian securities in that market. The loan, which bore a nominal interest of 4% per cent and a currency of 30 years, was the medium of keen competition among the financial houses, and was awarded to a syndicate headed by Blair and Co., Inc. The bonds were offered to the public so as to yield'4.6o per cent.'
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Bibliographic details
Evening Post, Volume CIV, Issue 28, 2 August 1927, Page 12
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99BIG CANADIAN RAILWAY LOAN. Evening Post, Volume CIV, Issue 28, 2 August 1927, Page 12
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