financetom
Business
financetom
/
Business
/
Thomson Reuters Reports Early Tender Results for Debt Exchange Offers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Thomson Reuters Reports Early Tender Results for Debt Exchange Offers
Feb 26, 2025 7:48 AM

10:28 AM EST, 02/26/2025 (MT Newswires) -- Thomson Reuters ( TRI ) said Wednesday that an aggregate of $1.65 billion of notes and debentures were validly tendered and accepted for exchange of new notes to be issued by its TR Finance unit before the early tender deadline on Tuesday.

These include $437.9 million of 3.350% notes due 2026, $445.1 million of 5.850% notes due 2040, $84.2 million of 4.500% notes due 2043, $335.5 million of 5.650% notes due 2043, and $348.8 million of 5.500% debentures due 2035, according to the company.

Thomson Reuters ( TRI ) said it is extending the total consideration and consent solicitation fee offering for all noteholders until the expiration of the tender offer on March 17 and expects to settle tendered notes by March 20.

Shares were 1.2% lower in recent trading.

Price: 177.14, Change: -2.18, Percent Change: -1.22

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
MicroStrategy Acquires Another 27,200 Bitcoin Worth $2 Billion
MicroStrategy Acquires Another 27,200 Bitcoin Worth $2 Billion
Nov 11, 2024
MicroStrategy Inc. ( MSTR ) on Monday announced it has purchased 27,200 Bitcoin (CRYPTO: BTC) for approximately $2.03 billion in cash over a ten-day period between Oct. 31 and Nov. 10, this year. What Happened:The acquisition was completed at an average price of $74,463 per Bitcoin, inclusive of fees and expenses. With the new purchase, MicroStrategy ( MSTR ) now...
Geodrill Swings to Profit in Q3 2024 as Revenue Climbs 13%, Bolstered by New Contracts
Geodrill Swings to Profit in Q3 2024 as Revenue Climbs 13%, Bolstered by New Contracts
Nov 11, 2024
09:09 AM EST, 11/11/2024 (MT Newswires) -- Geodrill ( GEODF ) , a West African based drilling company, swung to a profit for the third quarter on Monday, buoyed by strong revenue growth, while citing favourable market conditions and geographical expansion in its outlook. The company reported Q3 2024 adjusted diluted earnings Monday of US$0.06 per share, representing a net...
Breton Eyes Big Haul From Investors With Hong Kong IPO Plan
Breton Eyes Big Haul From Investors With Hong Kong IPO Plan
Nov 11, 2024
Much has been written about the huge potential of electric cars from China, including recent controversy over whether they receive unfair state support. But far less ink has gone to the smaller market for electric industrial vehicles like loaders and dump trucks, which also has big potential on growing demand from property, infrastructure and resource developers. Breton Technology Co. Ltd. is...
Wedbush Cautious on Advance Auto Parts' Q3 Results, Expects Weak DIY Sales
Wedbush Cautious on Advance Auto Parts' Q3 Results, Expects Weak DIY Sales
Nov 11, 2024
09:14 AM EST, 11/11/2024 (MT Newswires) -- Wedbush said Monday that it is cautiously optimistic about Advance Auto Parts' ( AAP ) Q3 earnings, which are due on Thursday, and expects modestly weaker results from the RemainCo business following the sale of Worldpac. Based on our review of the historical pro forma financials, as well as our view of weakening...
Copyright 2023-2026 - www.financetom.com All Rights Reserved