Thomson Reuters To Offer $500M In Notes

Law360, New York (September 23, 2009, 2:43 PM EDT) -- Global information company Thomson Reuters Corp. has announced it is offering $500 million of notes due 2019, aiming to use the offering's proceeds and available cash to redeem approximately $600 million in debt securities.

The offering of the 4.7 percent notes is expected to close Sept. 29, the company said in a Tuesday statement. Earlier on Tuesday, it announced that three separate series of securities would be redeemed in October.

The securities include $400 million in Canadian dollars (about $374.3 million in U.S. dollars) of its...
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