TMX Group Limited announced a private placement of senior unsubordinated unsecured debentures for total gross proceeds of CAD 300,0000,000 on May 9, 2024. The company will issue 4.747% series J senior unsubordinated unsecured debentures due May 26, 2026. The debentures are 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 May 24, 2024, and debentures are expected to receive a credit rating of "AA (Low)" with a Negative Trend from DBRS Limited.