Simpson Thacher recently represented TransUnion (NYSE: TRU) in connection with a secondary offering of 18,000,000 shares of common stock of TransUnion by a certain selling stockholder at a public offering price of $32.10 per share. The offering included 2,347,500 shares that were offered and sold pursuant to a full exercise of the underwriters’ option to purchase additional shares. The selling stockholder received all net proceeds from the offering.
Goldman, Sachs & Co., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities Inc., Evercore Group L.L.C., RBC Capital Markets, LLC and Wells Fargo Securities, LLC acted as joint bookrunning managers for the offering. Cowen and Company, LLC and Stifel, Nicolaus & Company, Incorporated acted as co-managers for the offering.
TransUnion is a leading global risk and information solutions provider to businesses and consumers. TransUnion provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses. TransUnion also provides solutions to consumers to view their credit profiles and access analytical tools that help them understand and manage their personal information and take precautions against identity theft.
The Simpson Thacher team included Richard Fenyes, Sung Bum Cho and Patrick Vergara (Capital Markets); Makiko Harunari and Yordanosse Yenenh (Credit); Mark Chorazak and Spencer Sloan (Bank Regulatory); and Jonathan Cantor and Taylor Alexander (Tax). Summer Associate Cameron Pritchett also provided valuable assistance.