CHICAGO, Oct. 31, 2017 (GLOBE NEWSWIRE) — TransUnion (the “Company”) (NYSE:TRU) announced the pricing of the underwritten secondary offering by certain of its stockholders (the “Selling Stockholders”) of 7,535,107 shares of common stock of the Company (the “common stock”) at $52.35 per share pursuant to the Company’s shelf registration statement filed with the Securities and Exchange Commission (the “Commission”).The offering is expected to close on November 2, 2017, subject to customary closing conditions.The Selling Stockholders will receive all of the proceeds from this offering.No shares are being sold by the Company.
Morgan Stanley and Goldman Sachs & Co. LLC 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 Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick St, 2nd Floor, New York, NY 10014 and Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282 or by telephone at (866) 471-2526, or by facsimile at 212-902-9316 or by email at [email protected]
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.
TransUnion is a leading global risk and information solutions provider to businesses and consumers.The Company provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses.Businesses embed its solutions into their process workflows to acquire new customers, assess consumer ability to pay for services, identify cross-selling opportunities, measure and manage debt portfolio risk, collect debt, verify consumer identities and investigate potential fraud.Consumers use its solutions to view their credit profiles and access analytical tools that help them understand and manage their personal information and take precautions against identity theft.