Thomson Reuters closes C$550 million note offering

November 12, 2014

Torys represented Thomson Reuters with a team that included Cornell Wright, Adrienne DiPaolo, David Forrester and Simonne Horwitz.

On November 12, 2014, Thomson Reuters Corporation closed its previously announced offering of C$550 million (approximately US$483 million) principal amount of 3.309% notes due 2021.

Thomson Reuters plans to use the net proceeds of this offering for general corporate purposes, including, without limitation, to fund the redemption of all of its outstanding C$750 million principal amount of 6.00% notes due March 2016 and to finance share repurchases under its previously announced buyback program. 

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals.

Further information can be found on Canada Newswire’s website.