Thomson Reuters Announces US$350 Million Note Offering

Sep 29, 2011 20:00 JST

Source: Thomson Reuters

NEW YORK, Sep 29, 2011 - (ACN Newswire) - Thomson Reuters (TSX/NYSE: TRI), the world's leading source of intelligent information for businesses and professionals, today announced the offering of US$350 million of 3.95% notes due 2021. The offering is expected to close on October 5, 2011, subject to customary closing conditions. Thomson Reuters plans to use the net proceeds of this offering to repay borrowings under its commercial paper program that were used to finance the repayment of its C$600 million principal amount of 5.25% notes upon their maturity in July 2011.

Barclays Capital Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and RBS Securities Inc. are the joint book-running managers for the offering.

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy any of these securities in any jurisdiction in which such offer, solicitation or sale is unlawful. A shelf registration statement for the offering was previously declared effective by the U.S. Securities and Exchange Commission (SEC). The public offering of these securities in the United States will be made only by means of the prospectus supplement and an accompanying base prospectus, a copy of which may be obtained, when available, from Barclays Capital Inc. (phone: +1 888.603.5847; c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717); Deutsche Bank Securities Inc. (phone: +1 800.503.4611; Harborside Financial Center, 100 Plaza One, Floor 2, Jersey City, NJ 07311); J.P. Morgan Securities LLC (phone: +1 212.834.4533; 383 Madison Avenue, New York, NY 10179) or RBS Securities Inc. (phone: +1 866.884.2071; 600 Washington Boulevard, Stamford, CT 06901).

The securities will not be qualified for sale under the securities laws of Canada or any province or territory of Canada and may not be offered or sold, directly or indirectly, in Canada or to any resident of Canada in contravention of the securities laws of any province or territory of Canada.

Contact:

MEDIA
David Girardin
Corporate Affairs Manager
+1 646 223 4870
david.girardin@thomsonreuters.com

INVESTORS
Frank J. Golden
Senior Vice President, Investor Relations
+1 646 223 5288
frank.golden@thomsonreuters.com

Source: Thomson Reuters
Sectors: Daily Finance