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Thomson Reuters named in debt delisting notice

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Form Type
25

Rhea-AI Filing Summary

Thomson Reuters Corporation (TRI) is identified as a guarantor in a Form 25 notification concerning removal from listing and/or registration under Section 12(b). TR Finance LLC is named as issuer, with Thomson Reuters Applications Inc., Thomson Reuters (Tax & Accounting) Inc. and West Publishing Corporation also named as guarantors.

The notification covers 4.500% Notes due 2043 (TRI43A), 5.850% Notes due 2040 (TRI40), and 5.500% Debentures due 2035 (TRI35), together with their related guarantees.

Coupon and maturity 4.500%; due 2043 Notes, identifier TRI43A
Coupon and maturity 5.850%; due 2040 Notes, identifier TRI40
Coupon and maturity 5.500%; due 2035 Debentures, identifier TRI35
Section 12(b) regulatory
"registration under Section 12(b)"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
Debentures financial
"5.500% Debentures due 2035"
A debenture is a company’s long-term IOU sold to investors that promises regular interest payments and repayment of principal at a set date; unlike equity, it represents debt rather than ownership. Think of it like lending money to a business in exchange for a fixed stream of payments, so investors watch a debenture’s interest rate and the borrower’s financial health to judge income reliability and risk of not being repaid.
guarantees financial
"and the guarantees related thereto"
A guarantee is a formal promise by one party to back another party’s obligation, such as a loan, payment, or contractual duty; if the primary party fails, the guarantor must fulfill the obligation. For investors, guarantees act like a safety net that can reduce the risk of loss but depend on the guarantor’s financial strength—if the guarantor is weak, the protection may be limited.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 25

 

 

NOTIFICATION OF REMOVAL FROM LISTING

AND/OR REGISTRATION UNDER SECTION 12(b)

OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number: 001-42558

Commission File Number: 001-31349

Commission File Number: 001-42561

Commission File Number: 001-42560

Commission File Number: 001-42559

 

TR Finance LLC

(as Issuer)

Thomson Reuters Corporation

Thomson Reuters Applications Inc.

Thomson Reuters (Tax & Accounting) Inc.

West Publishing Corporation

(as Guarantors)

The Nasdaq Stock Market LLC

 

(Exact name of Issuer as specified in its charter, and name of Exchange

where security is listed and/or registered)

19 Duncan Street, Toronto,

Ontario M5H 3H1, Canada

+1 416.687.7500

 

(Address, including zip code, and telephone number, including area code, of Issuer’s principal executive offices)

4.500% Notes due 2043 (TRI43A) (and the guarantees related thereto)

5.850% Notes due 2040 (TRI40) (and the guarantees related thereto)

5.500% Debentures due 2035 (TRI35) (and the guarantees related thereto)

 

(Description of class of securities)

 

 

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

 

  ☐

17 CFR 240.12d2-2(a)(1)

 

  ☐

17 CFR 240.12d2-2(a)(2)

 

  ☐

17 CFR 240.12d2-2(a)(3)

 

  ☐

17 CFR 240.12d2-2(a)(4)

 

  ☐

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange.

 

  ☒

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with the rules of the Exchange and the requirements of 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

 

 
 


Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, each of TR Finance LLC, Thomson Reuters Corporation, Thomson Reuters Applications Inc., Thomson Reuters (Tax & Accounting) Inc. and West Publishing Corporation certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

 

    TR FINANCE LLC
Date: November 13, 2026     By:  

/s/ Richard Napolitano

     

Name: Richard Napolitano

Title: Vice President & Assistant Secretary

    THOMSON REUTERS CORPORATION
    By:  

/s/ Kathryn Ouellette

     

Name: Kathryn Ouellette

Title: Assistant Secretary

    THOMSON REUTERS APPLICATIONS INC.
    By:  

/s/ Richard Napolitano

     

Name: Richard Napolitano

Title: Vice President & Secretary

    THOMSON REUTERS (TAX & ACCOUNTING) INC.
    By:  

/s/ Richard Napolitano

     

Name: Richard Napolitano

Title: Vice President & Secretary

    WEST PUBLISHING CORPORATION
    By:  

/s/ Richard Napolitano

     

Name: Richard Napolitano

Title: Vice President & Secretary

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