TransUnion Announces Pricing of Secondary Offering
TransUnion (the “Company”) today announced the pricing on March 8, 2016 of the offering by certain of its stockholders of 15,652,500 shares of the Company’s common stock at $25.00 per share. The offering is expected to close on March 14, 2016, subject to customary closing conditions. In addition, such selling stockholders have granted the underwriters a 30-day option to purchase up to 2,347,500 additional shares of common stock. The selling stockholders will receive all of the proceeds from this offering. No shares are being sold by the Company.
Goldman, Sachs & Co., J.P. Morgan, BofA Merrill Lynch and Deutsche Bank Securities are acting as lead bookrunning managers for the offering. RBC Capital Markets, Wells Fargo Securities and Credit Suisse are acting as joint bookrunning managers for the offering. Evercore ISI, Stifel, Drexel Hamilton, and Loop Capital Markets are acting as co-managers for the offering.
The offering will be made only by means of a prospectus supplement and accompanying prospectus. Copies of the preliminary prospectus supplement and prospectus supplement related to the offering may be obtained from Goldman, Sachs & Co., Prospectus Department at 200 West Street, New York, NY 10282 or by telephone at 866-471-2526 or by facsimile at 212-902-9316, or by email at firstname.lastname@example.org, J.P. Morgan, Attention: Prospectus Department c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY, 11717 or by telephone at 1-866-803-9204, BofA Merrill Lynch, Attn: Prospectus Department at 222 Broadway, New York, NY 10038, or by email at email@example.com, Deutsche Bank Securities Inc. at Attention: Prospectus Group, 60 Wall Street, New York, NY 10005, or by telephone at 1-800-503-4611, or by email at firstname.lastname@example.org, RBC Capital Markets, LLC, Attention: Equity Syndicate at 3 World Financial Center, 200 Vesey Street, 8th Floor, New York, NY 10281 or by telephone at (877) 822-4089, or by email at email@example.com. Wells Fargo Securities, LLC, Equity Syndicate Department at 375 Park Avenue, New York, NY 10152 or by telephone at 1-800-326-5897 or by email at firstname.lastname@example.org, and Credit Suisse Securities (USA) LLC, Attention: Prospectus Department at One Madison Avenue, New York, NY 10010 or by telephone at 1-800-221-1037 or by email at email@example.com.
The registration statement relating to these securities has been declared effective by Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
TransUnion is a leading global risk and information solutions provider to businesses and consumers. The Company provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses. Businesses embed its solutions into their process workflows to acquire new customers, assess consumer ability to pay for services, identify cross-selling opportunities, measure and manage debt portfolio risk, collect debt, verify consumer identities and investigate potential fraud. Consumers use its solutions to view their credit profiles and access analytical tools that help them understand and manage their personal information and take precautions against identity theft.
This press release contains a number of forward-looking statements. Words, and variations of words such as “believe,” “expect,” “plan,” “continue,” “will,” “should,” and similar expressions are intended to identify our forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond our control, and important factors that could cause actual results to differ materially from those in the forward-looking statements. For additional information factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our filings with the SEC, including our registration statement on Form S-3, as amended from time to time. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.