DBRS Assigns BBB (high) Rating to Thomson Reuters Corporation’s USD 500 Million Notes Issuance, Stable Trend

DBRS Limited (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 3.35% notes (the Notes) issuance, due May 15, 2026.

The Notes are the direct and unsecured obligations of the Company and rank pari passu with all other present and future unsecured and unsubordinated obligations of the Company. Thomson Reuters plans to use the net proceeds of this offering for general corporate purposes, including, without limitation, to fund the redemption of all of its outstanding $500 million principal amount of 0.875% notes due May 2016.

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

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.