TMX Group Prices C$1.1 Billion Private Debt Offering

TMX Group has priced a C$1.1 billion private placement of senior unsecured debentures for accredited Canadian investors, with proceeds intended primarily to repay existing debt and fund general corporate purposes. The financing comprises C$250 million of 3.862% Series K debentures due in 2028, C$400 million of 4.571% Series L debentures due in 2033, and C$450 million of 4.904% Series M debentures due in 2036. The obligations will rank equally with TMX Group’s other senior unsecured debt and are expected to receive an “AA (Low)” rating with a Stable Trend from DBRS. The offering is expected to close September 22, 2026, and provides fixed-rate funding while refinancing part of the company’s existing obligations.