By Cristal Cody
Prospect News, Sept. 16 - Thomson Reuters Corp. sold C$750 million of 4.35% 10-year notes (DBRS: A) at 99.615 to yield 4.398%, according to a press release.
The offering is expected to close on Sept. 30.
The securities are not being offered or sold in the United States.
Thomson Reuters plans to use the net proceeds from the sale, available cash and/or other resources to repay its €500 million principal amount of 4.625% medium-term notes due in November 2010.
New York-based Thomson Reuters is a provider of business and professional news information.
| Issuer: | Thomson Reuters Corp.
|
| Issue: | Notes
|
| Amount: | C$750 million
|
| Maturity: | 10 years
|
| Coupon: | 4.35%
|
| Price: | 99.615
|
| Yield: | 4.398%
|
| Settlement date: | Sept. 30
|
| Rating: | DBRS: A
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
