TMX Group Limited announced a private placement of senior unsecured debentures for total gross proceeds of CAD 1,100 million on February 12, 2024. The company will issue 4.678% Series G Senior Unsecured Debentures due August 16, 2029 for CAD 350 million, 4.836% Series H Senior Unsecured Debentures due February 18, 2032 for CAD 300 million, and 4.970% Series I Senior Unsecured Debentures due February 16, 2034 for CAD 450 million in the transaction. The debentures are non convertible, and being offered exclusively to persons resident in a Canadian province.

The debentures will be direct senior unsecured and unsubordinated obligations of the company and will rank pari passu with all other senior unsecured and unsubordinated indebtedness of the company. The transaction is expected to close on February 16, 2024, and debentures are expected to receive a credit rating of "AA (Low)" with a Negative Trend from DBRS Limited.