Recent Updates — TMSOF
Thomson Reuters reported third-quarter revenues of $1.83 billion, a 10% increase from the prior year period on both a total and constant currency basis. Adjusted EBITDA rose 10% to $651 million with a margin of 35.5%. The company updated its full-year 2026 outlook to reflect the October 1, 2026 sale of a 51% stake in its Global Print business to KKR as discontinued operations. Consequently, the revised outlook anticipates total revenue growth of approximately 9.5%, organic revenue growth of 8.5% to 9.0%, and an adjusted EBITDA margin of approximately 39%. The company also raised its full-year net interest expense guidance to approximately $190 million. Thomson Reuters provides information, software, and analytics solutions for legal, corporate, tax, accounting professionals, and news media.
Thomson Reuters reported third-quarter revenues of $1.83 billion, a 10% increase from the prior year period, driven by strong growth in its Legal Professionals, Corporates, and Tax segments. The company also announced it issued approximately $2.0 billion in new notes in September to fund general corporate purposes, including the repayment of commercial paper borrowings. Additionally, Thomson Reuters completed the sale of a 51% stake in its Global Print business to KKR for gross proceeds of roughly $500 million and updated its full-year outlook to exclude this discontinued operation. The firm operates in the legal, tax, audit, accounting, compliance, government, and media sectors.
Thomson Reuters sold a 51% stake in its Global Print business to KKR on October 1, forming the Westbridge Print joint venture. The company restated historical financials for 2025 and 2026 to exclude Global Print from continuing operations. Revised Q2 2026 adjusted EBITDA margin is approximately 36%, with full-year organic revenue growth expected to be 60–70 basis points accretive. Thomson Reuters provides professional information, legal, tax, and media services.
Thomson Reuters Corporation filed a 6-K incorporating by reference legal opinions and consents related to the Sixth Supplemental Indenture dated September 17, 2026. This indenture establishes terms for two new series of unsecured debt securities issued by TR Finance LLC: 5.100% Notes due 2028 and 5.750% Notes due 2033. The notes are fully guaranteed by Thomson Reuters Corporation and subsidiary guarantors, with interest payable semi-annually on March 15 and September 15. The company operates in the information services industry, providing professional content and analytics to businesses.
TR Finance LLC, a subsidiary of Thomson Reuters Corporation, has entered into an underwriting agreement to issue and sell $800 million aggregate principal amount of 5.100% Senior Notes due 2028 and $500 million aggregate principal amount of 5.750% Senior Notes due 2033. The notes are guaranteed on a senior unsecured basis by Thomson Reuters Corporation and its subsidiaries. The offering is priced at 99.789% for the 2028 notes and 99.306% for the 2033 notes, plus accrued interest from September 17, 2026. RBC Capital Markets, BofA Securities, Barclays Capital, and Mizuho Securities are acting as representatives of the underwriters. The closing date is set for September 17, 2026. Thomson Reuters Corporation operates in the information services industry, providing business intelligence, legal, tax, and accounting solutions.