TransUnion Announces Secondary Offering of 16,000,000

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
TransUnion Announces Secondary Offering of 16,000,000 Shares of Common Stock

CHICAGO, IL--(Marketwired - September 08, 2016) - TransUnion (the "Company") (NYSE: TRU) today announced that certain of its stockholders (the "Selling Stockholders") intend to offer for sale in an underwritten secondary offering 16,000,000 shares of common stock of the Company pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission (the "Commission"). In addition, certain of the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 2,400,000 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.

BofA Merrill Lynch and Credit Suisse are acting as underwriters 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 accompanying prospectus related to the offering may be obtained from BofA Merrill Lynch, Attn: Prospectus Department at NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001, or by email at dg.prospectus_requests@baml.com and Credit Suisse, Attention: Prospectus Department, One Madison Avenue, New York, New York, 10010, or by telephone at +1 (800) 221-1037, or by email at newyork.prospectus@credit-suisse.com.

The registration statement relating to these securities has been filed with the Commission and has become effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, 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.

About TransUnion

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.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of federal securities laws. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements include information concerning possible or assumed future results of operations, including descriptions of our business plans and strategies. These statements often include words such as "anticipate," "expect," "suggest," "plan," "believe," "intend," "estimate," "target," "project," "should," "could," "would," "may," "will," "forecast," "outlook," "potential," "continues," "seeks," "predicts," and the negatives of these words and other similar expressions. Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that factors affecting our actual financial results could cause actual results to differ materially from those expressed in the forward-looking statements. Factors that could materially affect our financial results or such forward-looking statements include macroeconomic and industry trends and adverse developments in the debt, consumer credit and financial services markets; our ability to provide competitive services and prices; our ability to retain or renew existing agreements with large or long-term customers; our ability to maintain the security and integrity of our data; our ability to deliver services timely without interruption; our ability to maintain our access to data sources; government regulation and changes in the regulatory environment; litigation or regulatory proceedings; regulatory oversight of certain "critical activities"; our ability to effectively manage our costs; economic and political stability in international markets where we operate; our ability to effectively develop and maintain strategic alliances and joint ventures; our ability to timely develop new services and the market's willingness to adopt our new services; our ability to manage and expand our operations and keep up with rapidly changing technologies; our ability to timely complete our multi-year technology transformation; our ability to make acquisitions and integrate the operations of acquired businesses; our ability to protect and enforce our intellectual property, trade secrets and other forms of unpatented intellectual property; our ability to defend our intellectual property from infringement claims by third parties; the ability of our outside service providers and key vendors to fulfill their obligations to us; further consolidation in our end-customer markets; the increased availability of free or inexpensive consumer information; losses against which we do not insure; our ability to make timely payments of principal and interest on our indebtedness; our ability to satisfy covenants in the agreements governing our indebtedness; our ability to maintain our liquidity; our reliance on key management personnel; and our controlling stockholders. There may be other factors, many of which are beyond our control, that may cause our actual results to differ materially from the forward-looking statements, including factors disclosed in our Annual Report on Form 10-K for the year ended December 31, 2015, as modified in any subsequent filing with the Commission. The forward-looking statements contained in this press release speak only as of the date of this press release. We undertake no obligation to publicly release the result of any revisions to these forward-looking statements to reflect the impact of events or circumstances that may arise after the date of this release.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Later's NYC Summit Reinvents Social Commerce Game Plan

Updated Category News Views 104

Creators and Corporates Collide Imagine this: an NYC stage not adorned with Broadway's finest, but with digital maestros steering a new age in social commerce. That's what Later is betting on with their Creator Live summit, debuting in the bustling heart of New York City. We're talking about influencers not just as Instagram stars, but as key players in a $480 billion...

Continue Reading
Black Bayou Kicks Off Major Gas Storage Build in Louisiana

Updated Category News Views 73

Breaking Ground on a Massive Energy Undertaking Well, folks, Black Bayou's finally breaking ground on their colossal gas storage project in Cameron Parish, Louisiana. They're not just playing around—this thing's set to be a juggernaut, with an imposing 44.4 Bcf of working gas capacity nestled right on top of the Black Bayou salt dome. Talk about marking territory, huh?...

Continue Reading
Koppers Faces SEC Scrutiny After Earnings Miss

Updated Category News Views 84

Koppers' Third-Quarter Blues: Missing the Mark Koppers Holdings Inc. (NYSE: KOP) took a hard hit this quarter, missing Wall Street's earnings expectations by a mile. The adjusted earnings per share came in at just $0.77, while the suits down on Wall Street were expecting something closer to $1.34 to $1.37. Now, if you’re holding KOP in your portfolio, you're probably...

Continue Reading
Golden State Dermatology Expands with Sparks Clinic Launch

Updated Category News Views 103

Northern Nevada's New Name in Dermatology Take a stroll down Ion Drive in Sparks, and you'll find a fresh face in town—and we're not talking about a new coffee shop. Nope, it's something with a lot more skin in the game. Golden State Dermatology (GSD) is setting up shop at 5070 Ion Drive, Suite 201, and the doors are wide open for locals seeking dermatological care. A...

Continue Reading
IM Cannabis's Third Quarter Financial Jolt

Updated Category News Views 53

IM Cannabis Takes a Hit, But Seeks New Angles Diving into IM Cannabis's (NASDAQ: IMCC) latest financial splash is like reading a weathered old map of the stock market. The third quarter of 2026 wasn't kind to this little cannabis outfit. Revenues have nosedived to C$1.65 million from last year's C$5.08 million. It's not just the typical bad quarter blues; it's a solid...

Continue Reading
Worker.ai Acquires DeltaGen to Spice Up SMB Growth

Updated Category News Views 66

Betting Big on Small Business If you've ever run a small business, you know it can feel like a hamster wheel—more customers usually mean more headaches. But here comes Worker.ai, stepping onto the scene with big promises and a fancy new acquisition. They've scooped up DeltaGen—a mover in real-time AI tech—and launched a platform to hand these overworked owners a...

Continue Reading
Southwest Airlines Elevates Inflight Gaming Experience

Updated Category News Views 156

Southwest Takes Gaming to New Heights If you thought inflight entertainment had hit its peak, think again. Southwest Airlines, under the ticker NYSE:LUV, just boarded the high-stakes gaming train, broadcasting real-time gaming tournaments thanks to Starlink’s satellite-powered WiFi. It's the kind of bold move that makes you sit up and wonder if we're hovering right at...

Continue Reading
Business Boom in 2026: Key Regions to Watch Now

Updated Category News Views 60

Business Formations Break Records in 2026 I'm telling you, the entrepreneurial spirit is alive and kicking across the States this year. The latest numbers from Registered Agents Inc are clear as day: business is bustling. We're looking at 576,818 new business setups nationwide just in October 2026. That's outpacing the previous year by a whopping 8%. And if that doesn't...

Continue Reading
Avatar Capital Partners Secures $156M for Japan Focus

Updated Category News Views 105

A Strategic Partnership to Boost Fund II Avatar Capital Partners has nabbed $156 million for their Fund II, aiming at $300 million in Japan's living space. But the real kicker? They're now rubbing elbows with GCM Grosvenor and the Teacher Retirement System of Texas. Fancy way to say they've got some serious artillery now, with GCM Grosvenor and TRS throwing weight as...

Continue Reading
Appier's Q3 FY26 Results: Record Growth and Earnings Spike

Updated Category News Views 128

Appier's Stellar Q3 Performance: A Game Changer Well, ain't that a kicker? Out of the blue, Appier (TSE: 4180) has thrown down a Q3 performance that's got everyone talking. This AI-driven enterprise didn't just ride the wave of success—they created the tsunami. Strap in as we dive into what makes this quarter such a showstopper. Record-Breaking Numbers First off, let's...

Continue Reading

Top 5 Most Recently Viewed Articles

Toll Brothers Unveils Upcoming Luxury Homes in Elk Ridge

Updated Category News Views 252

Introducing a New Luxury Community Exciting news unfolds as Toll Brothers, Inc. (NYSE:TOL), the leading builder of luxury homes across the nation, recently revealed plans for a new community soon to grace the scenic foothills of Elk Ridge. Known for its remarkable design and exceptional living spaces, Toll Brothers at Elk Ridge will deliver an array of luxurious...

Continue Reading
Structure Therapeutics Faces 52-Week Low Amid Market Turmoil

Updated Category News Views 180

Structure Therapeutics Reaches a 52-Week Low In a challenging market landscape, Structure Therapeutics ADR (GPCR), with a market capitalization of $1.55 billion, has hit a significant milestone by reaching a 52-week low price of $25.89. This sharp decline marks a noteworthy decrease of 42.67% over the past year, prompting concern among investors regarding the company’s...

Continue Reading
Innovative Device Enhances Safety for Parents with Long Nails

Updated Category News Views 254

Introducing a Revolutionary Invention for Parents Every parent knows the importance of safety when it comes to their children, especially during car rides. However, for those with long fingernails, releasing a child’s car seat harness or picking up small items can be quite a struggle. This is where an inventive solution steps in. The DIGIT: A Game Changer in Everyday...

Continue Reading
Innovative Ergonomic Shovel Design to Enhance Your Gardening

Updated Category News Views 119

Revolutionizing the Garden Tool Industry There’s an exciting new breakthrough in the world of gardening tools that promises to revolutionize the way we manage our outdoor spaces. An innovative inventor has crafted a new shovel, dubbed the HANSONS UTILITY HANDLE, specifically designed to make shoveling more efficient and comfortable. The aim behind this invention is...

Continue Reading
CollPlant's Vergenix STR Product Distribution Grows in Europe

Updated Category News Views 143

CollPlant Expands European Distribution for Vergenix STR CollPlant Biotechnologies (NASDAQ: CLGN), known for its innovative work in regenerative and aesthetics medicine, has recently announced a significant expansion of its distribution network for Vergenix STR in Europe. This new agreement marks a vital step in collaborating with a distributor to enhance the availability...

Continue Reading