TransUnion and Selling Stockholders Complete $525 Million Secondary Offering
09.14.16
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Simpson Thacher recently represented TransUnion (NYSE: TRU) in connection with a secondary offering of 16,000,000 shares of common stock of TransUnion by certain selling stockholders for aggregate gross proceeds of approximately $525 million. The selling stockholders received all net proceeds from the offering.
Merrill Lynch, Pierce, Fenner & Smith Incorporated and Credit Suisse Securities (USA) LLC acted as underwriters 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, Matthew Levy, Sung Bum Cho, Matthew Kemp and Meaghan Krupa (Capital Markets); Maia Gez (Public Company Advisory Practice); Mark Chorazak (Bank Regulatory); Jonathan Cantor and Taylor Alexander (Tax); and Jennifer Pepin and Samantha Steinfeld (ECEB).