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TransUnion and Selling Stockholders Complete $1.2 Billion Secondary Offering

08.07.17

Simpson Thacher recently represented TransUnion (NYSE:TRU) in connection with a secondary offering of 25,875,000 shares of common stock by certain selling stockholders for aggregate proceeds of approximately $1.2 billion. The selling stockholders received all proceeds from the offering.

J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Morgan Stanley & Co. 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 and Robert Kelley (Capital Markets); Charles Mathes (Public Company Advisory Practice); Mark Chorazak (Bank Regulatory); Jonathan Cantor and Christopher Murray (Tax); David Rubinsky (Executive Compensation and Employee Benefits); and Jennie Getsin (FINRA).