DBRS Rates Thomson Reuters Corporation’s $1 Billion Notes Issuance at BBB (high), Stable

DBRS has today assigned a rating of BBB (high) with a Stable trend to Thomson Reuters Corporation’s (Thomson Reuters) $1 billion notes issuance, which includes:

(1) $550 million 1.65% Notes, due September 29, 2017; and

(2) $450 million 3.85% Notes, due September 29, 2024.

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

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

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

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

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.