Shearman And Sterling

News October 05, 2018

Thomson Reuters’ $650 Million Waterfall Tender Offer

Shearman & Sterling represented Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, BMO Capital Markets Corp. and RBC Capital Markets, LLC as dealer managers in connection with Thomson Reuters Corporation’s offer to purchase for cash up to $650 million principal amount of its 4.50% notes due 2043, 3.95% notes due 2021, 3.85% notes due 2024, 3.35% notes due 2026 and 4.30% notes due 2023.

Thomson Reuters is the world’s leading provider of news and information-based tools to professionals. Its worldwide network of journalists and specialist editors keep customers up to speed on global developments, with a particular focus on legal, regulatory and tax changes.