TMX Group Limited announced that it has priced a Canadian private placement offering of $300 million aggregate principal amount of 4.747% Series J Senior Unsecured Debentures due May 26, 2026 to accredited investors in Canada. The Debentures will be direct senior unsecured and unsubordinated obligations of TMX Group and will rank pari passu with all other senior unsecured and unsubordinated indebtedness of TMX Group. TMX Group expects the Offering to close on May 24, 2024 and the Debentures are expected to receive a credit rating of "AA (Low)" with a Negative Trend from DBRS Limited.

The net proceeds from the Offering will be used to repay a portion of outstanding indebtedness and for general corporate purposes. The Debentures are being offered 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.