TMX Group Limited announced that it has closed a Canadian private placement offering of CAD 300 million aggregate principal amount of 4.747% Series J Unsecured Debentures due May 26, 2026 to accredited investors in Canada. 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 Limited.

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 RBC Capital Markets and Scotiabank and including BMO Capital Markets, Canaccord Genuity, CIBC Capital Markets, National Bank Financial, TD Securities, Barclays, Casgrain & Company, Citigroup and Laurentian Bank Securities, and 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.