Thomson Completes US$250M and C$250M Offerings

On May 19, 2004, the Thomson Corp. completed the sale in the US of US$250 million aggregate principal amount of its 4.75 per cent notes due 2010. The offering, which included a listing of the notes in Luxembourg, was conducted pursuant to a prospectus supplement to Thomson’s previously filed US$2 billion short form base shelf prospectus which was part of a registration statement filed with the US Securities and Exchange Commission under the Multijurisdictional Disclosure System. Merrill Lynch & Co. was the sole underwriter for the offering.

On June 1, Thomson completed the sale in Canada of C$250 million aggregate principal amount of its 4.50 per cent notes due 2009. The dealer syndicate for the offering was co-led by BMO Nesbitt Burns Inc. and RBC Dominion Securities Inc. and included TD Securities Inc., CIBC World Markets Inc. and Scotia Capital Inc. The offering was conducted pursuant to a prospectus supplement to Thomson’s existing US$2 billion short form base shelf prospectus.

In both offerings, Thomson was represented in-house by Marc Gold, senior counsel, and by Torys, with a team that included Michael Siltala and Cornell Wright in Toronto and Andrew Beck, Alexandra Kau and Hilary Paterson in New York.

In the US offering, the underwriter was represented by Shearman & Sterling, with a team that included Lisa Jacobs, Nancy Hoi Bertrand and Scott Graziano (capital markets), and Laurence Crouch and Eileen O’Pray (tax). In the Canadian offering, the dealers were represented by McCarthy Tétrault, with a team that included Christopher Hoffmann, Michael McConnell and Caroline Jageman.