23:48:49 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



TMX Group Ltd
Symbol X
Shares Issued 276,629,350
Close 2024-02-15 C$ 34.71
Market Cap C$ 9,601,804,739
Recent Sedar Documents

TMX Group closes $1.1-billion debenture offering

2024-02-16 11:34 ET - News Release

An anonymous director reports

TMX GROUP CLOSES C$1.1 BILLION PRIVATE PLACEMENT DEBENTURE OFFERING

TMX Group Ltd. has closed a Canadian private placement offering of $1.1-billion aggregate principal amount of senior unsecured debentures to accredited investors in Canada comprising: (i) $350-million aggregate principal amount of 4.678 per cent Series G senior unsecured debentures due Aug. 16, 2029, approximately 4.9 times oversubscribed; (ii) $300-million aggregate principal amount of 4.836 per cent Series H senior unsecured debentures due Feb. 18, 2032, approximately 4.3 times oversubscribed; and (iii) $450-million aggregate principal amount of 4.970 per cent Series I senior unsecured debentures due Feb. 16, 2034, approximately 5.8 times oversubscribed. The debentures are direct senior unsecured and unsubordinated obligations of TMX Group and rank pari passu with all other senior unsecured and unsubordinated indebtedness of TMX Group.

The debentures received a credit rating of AA (low) with a negative trend from DBRS Ltd.

The net proceeds from the offering are being used by TMX Group to repay a portion of outstanding indebtedness and for general corporate purposes.

The offering was made exclusively to persons resident in a Canadian province through a syndicate of agents led by BMO Capital Markets., National Bank Financial Inc. and TD Securities Inc., and including Barclays Capital Canada Inc., Canaccord Genuity Corp., Casgrain & Company Ltd., CIBC World Markets Inc., Citigroup Global Markets Canada Inc., Laurentian Bank Securities Inc., RBC Dominion Securities Inc., and Scotia Capital Inc. on a private placement basis in reliance upon exemptions from the prospectus requirements under applicable securities laws in those provinces. The debentures have not been qualified for sale to the public under such securities laws.

About TMX Group Ltd.

TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the financing, growth and success of businesses, traders and investors. TMX Group's key operations include the Toronto Stock Exchange, the TSX Venture Exchange, the TSX Alpha Exchange, the Canadian Depository for Securities, the Montreal Exchange, Canadian Derivatives Clearing Corp., TMX Trayport and TMX VettaFi, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montreal, Calgary, Vancouver and New York), as well as in key international markets, including London, Singapore and Vienna.

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