TransUnion Announces Pricing of Secondary Offering of

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

CHICAGO, IL--(Marketwired - September 08, 2016) - TransUnion (the "Company") (NYSE: TRU) announced the pricing of the offering by certain of its stockholders (the "Selling Stockholders") of 16,000,000 shares of the Company's common stock pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission (the "Commission"). The shares will be offered from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The offering is expected to close on September 14, 2016, subject to customary closing conditions. 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 is being 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

U.S. Virgin Islands Shine With Travel Industry Honors

Updated Category News Views 11

Fora's Hot List and Porthole's Praise In a world where travel hotspots come and go like the tide, the U.S. Virgin Islands (USVI) have cemented their place on the map with recent nods from big-name publications. Landing a spot—from the 'best-stop shop' St. Thomas and chill St. John—on Fora's 2027 Hot List was no small feat. It’s like being the dazzling jewel in a...

Continue Reading
Sino Bio Speeds AI Drug Discovery with 4RISE Launch

Updated Category News Views 22

AI Meets Real-World Validation In the world of cutting-edge biotech, Sino Biological is turning heads with its latest move. If you're in the game of AI-driven drug discovery, their new 4RISE™ high-throughput wet-lab validation services could be the breakthrough you've been waiting for. Why? Well, the promise of AI is dazzling, but it all boils down to how fast you can...

Continue Reading
BTQ Technologies Calls Investors for Key Quantum Update

Updated Category News Views 27

You know what's stirring the pot over at BTQ Technologies? A shareholder call coming up soon, and boy, it's got 'eye-opening insights' written all over it. We're talkin' Q3 financial results and, likely, a smattering of future plans on the quantum front, folks. Diving into BTQ's Quantum Vision BTQ Technologies Corp. (NASDAQ: BTQ) isn't just another tech firm banging on...

Continue Reading
Chime Joins S&P MidCap 400 Amid Merger Jostle

Updated Category News Views 39

Index Shake-Up: Who's In, Who's Out? Hold onto your hats, folks—big changes are coming to the S&P MidCap 400! Chime Financial Inc. is crashing the party, taking a seat at the table, as NorthWestern Energy Group gets the boot. Now, if that doesn’t grab your attention, I don’t know what will. You've got to appreciate the chaos and opportunities that come with a roster...

Continue Reading
KeyCorp Plans Redemption of Series E Preferred Stock

Updated Category News Views 48

KeyCorp Drops a Major Redemption Bombshell Out of the blue, KeyCorp (NYSE: KEY) just tossed a curveball at investors with the announcement they’re redeeming every last one of their Series E Fixed-to-Floating Rate Perpetual Non-Cumulative Preferred Stock shares come December 15, 2026. This move is bound to stir the pot a bit even if you’ve been around the block a few...

Continue Reading
Portillo's Faces Class Action Over Rapid Expansion

Updated Category News Views 59

Trouble Brews Over at Portillo's Inc. Here's a classic case of biting off more than one can chew. Portillo's Inc., known for its Chicago-style eats, is now facing the music for what seems to be an overly ambitious strategy. The San Diego-based law firm Robbins LLP has filed a class action lawsuit on behalf of all who've invested in this restaurant chain's stock between...

Continue Reading
ACR Poker's $20M OSS: Stakes High on Sunday Action

Updated Category News Views 114

ACR Poker Takes the Spotlight with a Mammoth Sunday Sunday, November 15 is about to be a slugfest over at ACR Poker, as players gear up for an intense day of card-shuffling and betting. We’re looking at flights for all four headlining events of the Online Super Series (OSS) right alongside day two of The Quattro and an eye-popping WSOP Paradise Mega Satellite blowing...

Continue Reading
Navigating IRS Notices: CPA Morones' Key Steps

Updated Category News Views 119

When the IRS Knocks: Don't Panic, Get Organized Picture this, you head home after a grinding day only to find a letter from the IRS lurking in your mailbox. For taxpayers in Southwest New Mexico, as CPA Mike Morones out of Silver City puts it, the blood pressure spikes are real. But as Morones assures, most of these letters don't signal doomsday scenarios. Instead,...

Continue Reading
When to Switch Your LLC to S Corp Status: Tips

Updated Category News Views 52

Is Your LLC Ready for the S Corp Leap? Thinking about shifting your LLC to S corporation status? You're not alone—many business owners hit this fork in the road as their enterprise starts rolling in more dough. And if you're scratching your head wondering if this switch makes sense for your venture, listen up because timing and context are everything here. When Should...

Continue Reading
Lei Zhang's Bold Strategy: AI Meets Clean Energy

Updated Category News Views 64

Mapping the Future of AI and Energy Dive headfirst into the world of tech, and you'll quickly stumble upon two giants: Artificial Intelligence and clean energy. Lei Zhang, Founder and Chairman of Envision, is the maverick melding these two into a cohesive force. Recently recognized as a Titan in TIME100 Climate 2026, Lei's vision is turning heads and setting benchmarks...

Continue Reading

Top 5 Most Recently Viewed Articles

Exploring the Significant Growth of Axon Enterprise Stock

Updated Category News Views 160

Remarkable Growth of Axon Enterprise Over Five Years Axon Enterprise (NASDAQ: AXON) has proven to be an exceptional investment over the past five years, showcasing an impressive annualized return that outperforms the wider market by a notable 39.42%. With an average annual return of 56.57%, this company has captured the attention of investors and analysts alike. As of the...

Continue Reading
Kaymbu, Brookes Partner for Digital ASQ® Screening Boost

Updated Category News Views 23

A Bridge for Early Childhood Development Some alliances make you wonder why they didn’t happen sooner, especially in education. Kaymbu and Brookes Publishing coming together is one such partnership. Announcing a next-gen digital solution for ASQ®-3 and ASQ®:SE-2 screeners, these guys aren't just digitizing some dull paperwork—they're transforming the way early...

Continue Reading
onsemi Sets the Stage for Third Quarter Financial Insights

Updated Category News Views 159

onsemi to Announce Third Quarter Financial Results onsemi (NASDAQ: ON) is gearing up to announce its financial results for the third quarter. Investors can look forward to the anticipated release, which will take place before the market opens on a designated Monday in early November. Conference Call Details for Investors Following the release of the financial report,...

Continue Reading
Manufacturing Activity Hits Low in Mid-Atlantic Region

Updated Category News Views 109

Mid-Atlantic Manufacturing Index Plummets A recent report highlights a concerning dip in manufacturing activity within the U.S. Mid-Atlantic region. The Philadelphia Federal Reserve's manufacturing index has fallen to its lowest point in nearly two years, indicating ongoing struggles in the factory sector. Details of the Manufacturing Index Decline According to the...

Continue Reading
Nature's Miracle Posts Q1 Gains Amid Strategic Moves

Updated Category News Views 30

From Loss to Profit: A Q1 Turnaround Whoa, waking up to see Nature's Miracle swing from a net loss of $2.02 million this time last year to net earnings of $2.85 million in Q1 2026, it's like watching a sluggish stock spring back to life in a week's trading. Thanks to a $5 million gain on debt settlement, they've managed to pull a profit straight out of what used to be...

Continue Reading