Thomson Reuters Commences Debt Exchange Offers and Consent Solicitations
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Thomson Reuters has initiated debt exchange offers and consent solicitations, involving the exchange of old notes for new notes issued by its subsidiary, TR Finance LLC. The new notes will have the same terms as the old ones and will be guaranteed by Thomson Reuters and its subsidiaries.
February 11, 2025 | 10:15 pm
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Thomson Reuters has started a debt exchange offer, swapping old notes for new ones with identical terms, guaranteed by its subsidiaries. This move could stabilize its debt structure.
The debt exchange offer by Thomson Reuters involves swapping old notes for new ones with the same terms, which could stabilize its debt structure. However, as the terms remain unchanged, the immediate impact on stock price is likely neutral.
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