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Thomson Reuters Pricing Of US$850 Mln Note Offering

Thomson Reuters Corp. (TRI, TRI.TO) said Thursday that it has priced its offering of US$500 million of 0.875% notes due 2016 and US$350 million of 4.50% notes due 2043.

The offering is expected to close on May 23.

Thomson Reuters plans to use the net proceeds of the offering for general corporate purposes, including to repay part of its US$750 million principal amount of 5.95% notes due in July 2013 upon their maturity and its US$250 million principal amount of 5.25% notes due in August 2013 upon their maturity.

by RTTNews Staff Writer

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