TransUnion (the “Company”) (NYSE: TRU) today announced that certain of its stockholders (the “Selling Stockholders”) intend to offer for sale in an underwritten secondary offering 15,000,000 shares of common stock of the Company pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission (the “Commission”). In addition, certain of the Selling Stockholders have granted the underwriter a 30-day option to purchase up to 2,250,000 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. The Company may participate in this offering by purchasing, as part of the offering, 1,500,000 shares of common stock at the public offering price (the “share purchase”). The Company intends to provide an indication of interest to the underwriter; however, there can be no assurance that the Company will actually offer to purchase shares or that any such offer to purchase will be accepted by the underwriter and, as a result, that the share purchase will be consummated.
J.P. Morgan, Goldman, Sachs & Co. and Morgan Stanley are acting as underwriters for the offering.
The offering will be 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 J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at (866) 803-9204, Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282 or by facsimile at 212-902-9316, or by email at [email protected] and Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014.
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.
