TransUnion (TRU) Prices 16M Share Common Stock Offering
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TransUnion (NYSE: TRU) announced the pricing of the offering by certain of its stockholders of 16,000,000 shares of the Company's common stock pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission (the "Commission"). The shares will be offered from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The offering is expected to close on September 14, 2016, subject to customary closing conditions. In addition, certain of the Selling Stockholders have granted the underwriters a 30-day option to purchase up to 2,400,000 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.
BofA Merrill Lynch and Credit Suisse are acting as underwriters for the offering.
The offering is being 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 BofA Merrill Lynch, Attn: Prospectus Department at NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001, or by email at firstname.lastname@example.org and Credit Suisse, Attention: Prospectus Department, One Madison Avenue, New York, New York, 10010, or by telephone at +1 (800) 221-1037, or by email at email@example.com.
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.
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Create E-mail Alert Related CategoriesCorporate News, Equity Offerings
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