Simpson Thacher represented the underwriters, led by BofA Securities, J.P. Morgan, Mizuho and Wells Fargo Securities, in a registered offering of $650 million aggregate principal amount of 4.800% Senior Notes due 2029 by Equifax Inc.
Equifax intends to use the net proceeds from the offering for general corporate purposes, which may include the refinancing of indebtedness under its delayed draw term loan.
Equifax is a global data, analytics and technology company providing information solutions and human resources business process outsourcing services for businesses, governments and consumers, and it provides human resources business process automation and outsourcing services for employers. Equifax services a large and diversified group of clients, including financial institutions, corporations, government agencies and individuals.
The Simpson Thacher team for the transaction included Mark Brod, Jessica Ryan and Shuhan Zhang (Capital Markets); Jonathan Cantor and Jiha Min (Tax); Paige Brinton (Intellectual Property); and Jennie Getsin (FINRA/Blue Sky).