An update from Thomson Reuters ( (TSE:TRI) ) is now available.
On February 26, 2025, Thomson Reuters announced the results of early tenders and the extension of the early tender time for its debt exchange offers and consent solicitations. The company aims to optimize its capital structure by exchanging old notes for new ones issued by its subsidiary, TR Finance LLC. The exchange offers, which include a consent solicitation fee, are designed to align revenue generation with indebtedness and offer existing note holders the option to receive new notes with similar financial terms. The settlement date for these offers is expected to be March 20, 2025, assuming no extensions, and the proposed amendments to the indentures are likely to be adopted, reducing restrictive terms for note holders.
More about Thomson Reuters
Thomson Reuters is a global content and technology company known for providing information services to professionals across various industries, including legal, tax, accounting, and media sectors. The company focuses on delivering data-driven insights and solutions to help businesses make informed decisions.
YTD Price Performance: 12.19%
Average Trading Volume: 374,209
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $80.56B
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