March 11 (Reuters) - Canadian Pacific Railway Ltd CP.TO :
* CANADIAN PACIFIC ANNOUNCES C$400 MILLION DEBT OFFERING
* CANADIAN PACIFIC RAILWAY LTD - WHOLLY-OWNED SUBSIDIARY, CANADIAN PACIFIC RAILWAY COMPANY, IS ISSUING C$400 MILLION OF 3.15% NOTES DUE 2029
* CANADIAN PACIFIC RAILWAY LTD - NET PROCEEDS FROM THIS OFFERING WILL BE USED PRIMARILY FOR REFINANCING OF OUTSTANDING INDEBTEDNESS