Thomson Reuters Files Final Prospectus for Debt Exchange Offers and Consent Solicitations

Core Points - Thomson Reuters has filed a final short form prospectus for the exchange of Old Notes for New Notes issued by its subsidiary TR Finance LLC [1][2] - The exchange offers aim to optimize the capital structure of Thomson Reuters and align revenue generation with indebtedness [2] - The settlement date for the exchange offers is expected to be March 20, 2025, assuming all conditions are met [3] Exchange Offers - Holders of each $1,000 principal amount of Old Notes that are validly tendered will receive a Total Consideration of$1,000 in New Notes and a cash amount of $2.50 as a Consent Solicitation Fee [6] - Holders must consent to Proposed Amendments to the indenture governing the Old Notes to participate in the exchange offers [4][5] - The Proposed Amendments are expected to be approved by holders of the Old Notes based on current tender amounts [5] Consent Solicitations - The Proposed Amendments will modify or eliminate certain reporting requirements and restrictive covenants, resulting in fewer protections for holders of Old Notes [4] - Consent from a majority of the aggregate principal amount of the outstanding Old Notes is required for the Proposed Amendments to be adopted [4] Additional Information - The exchange offers and consent solicitations are being conducted in compliance with U.S. securities regulations and are not available to retail investors in certain jurisdictions [8][11][15][31] - The lead dealer manager for the exchange offers is J.P. Morgan, with RBC Capital Markets serving as co-dealer manager [7][8]