Thomson Reuters prices $1.3B debt offering across US and Canadian markets
What's the deal? Thomson ReutersDealroom has a profile for this one. Try Dealroom → has priced $1.3 billion in notes, split between a US public offering and a Canadian private placement. The company announced the pricing on September 10, 2026, with both offerings expected to close on September 17.
The details: Its subsidiary TR Finance LLCDealroom has a profile for this one. Try Dealroom → is issuing US$800 million of 5.100% notes due 2028 and US$500 million of 5.750% notes due 2033. In Canada, Thomson Reuters Corporation is placing C$350 million of 4.130% notes due 2029, C$350 million of 4.480% notes due 2031, and C$300 million of floating rate notes due 2029.
Who's involved? A syndicate co-led by RBC Capital MarketsDealroom has a profile for this one. Try Dealroom →, BofA SecuritiesDealroom has a profile for this one. Try Dealroom →, BarclaysDealroom has a profile for this one. Try Dealroom →, and MizuhoDealroom has a profile for this one. Try Dealroom → is underwriting the US notes. BMO Capital MarketsDealroom has a profile for this one. Try Dealroom → and TD SecuritiesDealroom has a profile for this one. Try Dealroom → also feature among the lead arrangers.
What's the money for? Net proceeds — roughly US$1,294,842,000 and C$997,027,500 — will fund general corporate purposes, including repaying existing debt under the company's commercial paper program.
The signal: The raise sits in the top 6% of post-IPO debt rounds among Canadian fintech companies on record, underscoring Thomson Reuters' scale as it refinances short-term borrowings with longer-dated notes.
Image credit: Thomson Reuters
