Thomson Reuters Refinances $600M In Debt

Law360, New York (September 22, 2009, 6:25 PM EDT) -- Global information company Thomson Reuters Corp. said Tuesday it planned to redeem $600 million of outstanding debt securities, a move it said would be financed by issuing new debt securities or from cash balances.

Three separate series of securities will be redeemed in October, according to the New York-based company.

The securities include $400 million in Canadian dollars (about $374.3 million in U.S. dollars) of its outstanding 6.85 percent medium-term notes due in June 2011; $250 million of its outstanding 4.75 percent notes due in May...
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