CALGARY, CANADA— In order to provide additional information to the investment community, Canadian Pacific Limited (CPL) is disclosing further details relating to its proposed reorganization. The company revealed the expected proforma capitalization of its operating companies, pursuant to its previously reported intention to divide CPL into five separate, publicly traded companies. Inter-company settlements were determined with the intention to capitalize each company with amounts of debt and equity that are appropriate for its growth prospects and the industry in which it operates. In addition, the inter-company settlements will allow CPL to repay its outstanding third-party debt and meet other obligations prior to the reorganization.
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