Thomson Reuters Announces C$750 Million Offering

Thomson Reuters TRI today announced it has entered into an agency agreement with a syndicate of Canadian investment dealers for a public offering in Canada of C$750 million (approximately US$730 million) principal amount of 4.35% notes due 2020. The offering is expected to close on September 30, 2010, subject to customary closing conditions. Thomson Reuters plans to use the net proceeds from this offering, available cash and/or other resources to repay its €500 million principal amount of 4.625% medium term notes upon their maturity in November 2010.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!