DBRS Rates Thomson Reuters Corporation’s $500 Million Notes Issuance BBB (high), Stable Trend

DBRS has today assigned a rating of BBB (high) with a Stable trend to Thomson Reuters Corporation’s (Thomson Reuters or the Company) $500 million 3.369% notes (the Notes) maturing on May 23, 2019. The Company issued the Notes on November 15, 2013.

Thomson Reuters plans to use the net proceeds of this offering for general corporate purposes, including, without limitation, to finance share repurchases.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodology is Rating Companies in the Publishing Industry, which can be found on our website under Methodologies.