TMX Group Closes C$300 Million Debenture Private Placement

TORONTO, May 24, 2024 /CNW/ – TMX Group Limited (“TMX Group”) announced today that it has closed a Canadian private placement (the “Offering”) of 300 million Canadian dollars aggregate principal amount of 4.747% Series J unsecured debentures due May 26, 2026 (the “Debentures”) to qualified 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 debt of TMX Group.

The debentures have been assigned a credit rating of AA (low) with a negative trend by DBRS Limited.

The net proceeds of the offering are used by TMX Group to repay a portion of outstanding debt and for general corporate purposes.

The offering was made exclusively to persons residing 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 in connection with a private placement pursuant to the exemptions from the prospectus requirements under the securities laws applicable in these provinces. Debentures are not eligible for sale to the public under these securities laws.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any debentures or any other security of TMX Group in any jurisdiction, and does not constitute an offer to sell in United States of any TMX Group security. TMX Group securities, including debt securities, may not be offered or sold in United States absent registration under the United States securities laws or unless exempt from registration under such laws. The Offer described in this press release is not made in United States and has not been and will not be registered under the United States securities laws. Accordingly, the debentures may not be offered or sold in United States except in connection with certain transactions exempt from registration requirements under applicable U.S. securities laws.

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About TMX Group (TSX:X)

TMX Group operates global marketplaces and creates digital communities and analytics solutions that make it easier for businesses, traders and investors to finance, grow and succeed. TMX Group’s principal activities include Toronto Stock Exchange, TSX Venture Exchange, Alpha TSX Stock Exchange, The Canadian Depository for Securities, Montreal Stock Exchange, Canadian Derivatives Clearing Corporation, TMX tray And TMX VettaFi, which provide quotation markets, trading markets, clearing facilities, custody services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montreal, Calgary, Vancouver And new York), as well as in major international markets, including London, Singapore And Vienna. To learn more about TMX Group, visit www.tmx.com. Follow TMX Group on X: @GroupeTMX.

SOURCE TMX Group Limited

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