Thomson Reuters
Announces Pricing of US$500 Million
Note Offering
NEW YORK, May 2, 2016 -- Thomson Reuters (TSX / NYSE:
TRI), the world's leading source of intelligent information for
businesses and professionals, today announced the pricing of its
offering of US$500 million principal
amount of 3.35% notes due 2026. The offering is expected to close
on May 9, 2016, subject to customary
closing conditions. Thomson Reuters plans to use the net proceeds
of this offering to repay its US$500
million principal amount of 0.875% notes upon their maturity
later this month.
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Citigroup Global Markets Inc., Goldman, Sachs & Co., Merrill
Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo
Securities, LLC 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.
The notes are being offered in the United
States pursuant to a registration statement on Form F-10
that 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
shelf prospectus. The prospectus supplement and accompanying base
shelf prospectus may be obtained for free at the SEC's website at
www.sec.gov or at the Canadian Securities Administrators' website
at www.sedar.com. Alternatively, a copy of the prospectus
supplement and accompanying base shelf prospectus may be obtained,
when available, from Citigroup Global Markets Inc.
(+1-800-831-9146; c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, NY
11717); Goldman, Sachs & Co. (+1-212-902-1171; 200 West Street,
New York, NY 10282); Merrill
Lynch, Pierce, Fenner & Smith Incorporated (+1-800-294-1322;
222 Broadway, 11th Floor, New
York, NY 10038, Attention: Prospectus Department); or Wells
Fargo Securities, LLC (+1-800-645-3751; 608 2nd Avenue
South, Suite 1000, Minneapolis, MN
55402).
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.
Thomson Reuters
Thomson Reuters is the world's leading source of news and
information for professional markets. Our customers rely on us to
deliver the intelligence, technology and expertise they need to
find trusted answers. The business has operated in more than 100
countries for more than 100 years. Thomson Reuters shares are
listed on the Toronto and New York
Stock Exchanges (symbol: TRI).
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
Certain statements in this news release are forward-looking,
including Thomson Reuters expectations about the proposed offering,
including the timing thereof. There can be no assurance that the
offering will be completed. These forward-looking statements are
based on certain assumptions and reflect current expectations,
including Thomson Reuters intended use of proceeds of the offering.
As a result, forward-looking statements are subject to a number of
risks and uncertainties that could cause actual results
or events to differ materially from current expectations. Some of
the factors that could cause actual results to differ materially
from current expectations are discussed in materials that Thomson
Reuters from time to time files with, or furnishes to, the Canadian
securities regulatory authorities and the U.S. Securities and
Exchange Commission. There is no assurance that any forward-looking
statements will materialize. You are cautioned not to place undue
reliance on forward-looking statements, which reflect expectations
only as of the date of this news release. Except as may be required
by applicable law, Thomson Reuters disclaims any intention or
obligation to update or revise any forward-looking
statements.
CONTACTS |
MEDIA
Andrew Green
Director, Corporate Affairs
+1 646 223 4228
andrew.green@tr.com |
INVESTORS
Frank J. Golden
Senior Vice President, Investor Relations
+1 646 223 5288
frank.golden@tr.com |
SOURCE: Thomson Reuters