DBRS Rates Thomson Reuters Corporation’s Planned Debt Issue A (low), Stable Trend

DBRS has today assigned a rating of A (low) to the planned issuance of Thomson Reuters Corporation (Thomson Reuters or the Company). The trend is Stable. This unsecured obligation of the Company is expected to be $500 million in size, with a 30-year maturity.

DBRS expects Thomson Reuters to use the proceeds from this issuance and available cash resources to repurchase its outstanding $700 million principal 6.20% notes due January 5, 2012.

DBRS will issue a press release once further pricing and details become available.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodology is Rating Media, which can be found on our website under Methodologies.

This is a Corporate (Publishing& Media) rating.